BankNifty opened with a minor gap-down and took support in the morning near our Sell Level which was 41000. We saw a pretty range-bound day and BankNifty broke Range on the downside after 2:00 PM.
Trades we took Today:
> Bought BankNifty 41300 CE at 200 in the morning which we booked at cost as there was a very slow movement
> Bought BankNifty 41400 PE at 290 which made a high around 600 and Traders booked great profit in this Trade.
There was not much movement in BankNfty today so we only took these 2 Trades.
Today's low is important and we can see a fast down move of 120-200 points if BankNifty breaks 40750 tomorrow.
Expectations for Tomorrow: Range-bound day, Volatality after 1:30 PM.
Intraday Levels:
Buy Above 41025
Sell Below 40750
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought BankNifty 41300 CE at 200 in the morning which we booked at cost as there was a very slow movement
> Bought BankNifty 41400 PE at 290 which made a high around 600 and Traders booked great profit in this Trade.
There was not much movement in BankNfty today so we only took these 2 Trades.
Today's low is important and we can see a fast down move of 120-200 points if BankNifty breaks 40750 tomorrow.
Expectations for Tomorrow: Range-bound day, Volatality after 1:30 PM.
Intraday Levels:
Buy Above 41025
Sell Below 40750
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Sell Trade Triggered and All Targets Done.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.