Bank Expiry Trade Setup | 24th June 2021

As analyzed, BanknIfty opened with a gap-up and faced resistance near our Buy Level which is 34900, and traded in a narrow range the whole day. We tried to play in a range and bought 34800 CE which worked and gave easy 20% profit. For tomorrow, I am expecting a Negative opening.

Expectations for Tomorrow: Volatile session after 1:00 PM.

Resistance: 34832
Support: 34266

Intraday Levels:
Buy Above 34700
Sell Below 34480

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

Happy Trading!
InvestPro India Team