BankNifty Intraday Trade Setup | 22th November

BankNifty opened flat and faced resistance at the 38200 zones and we saw a good fall from morning high.

Trades we took today -

> Bought BankNifty 38300 PE at 250 which made a high around 400 and Traders booked Great profit in this Trade
> Bought BankNifty 37800 CE at 260 which we booked with 40 points loss
> Bought BankNifty 37700 PE at 80 which we booked with 20-25 points profit
> Bought BankNifty 37800 PE around 30 which gave easy 100% profit quickly to Traders

Overall, Great expiry for BankNifty Option Buyers.

If BankNifty breaks 37770, we again see a good down move tomorrow.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above 38150
Sell Below 37770

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, All Targets done.