BankNifty Intraday Trade Setup | 12th October
BankNifty opened with a flat and as expected we saw a great upmove once BankNifty sustains above 37870 and BankNifty closed above its resistance zone of 38150.
For tomorrow, 38200-38100 would act as a support zone, and if BankNifty tests this zone in the morning and don't break then we may see BankNifty again in the 38400-38500 zone.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above 38500
Sell Below 38100
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, 38200-38100 would act as a support zone, and if BankNifty tests this zone in the morning and don't break then we may see BankNifty again in the 38400-38500 zone.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above 38500
Sell Below 38100
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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