InvestPro_India

BankNifty Expiry Trade Setup | 19th May

InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Today BankNifty opened with a Gap-up around 34455 and after making a high near 34660 we saw selling in BankNifty which brought BankNifty towards 34130 zones.

Tomorrow if BankNifty sustains below 34100, we can expect a down-move but 34000 is psychological support so book profits quickly.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 34400
Sell Below 34100

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Comment:
Gap-down opening, no trade as per set-up.

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.