BankNifty Intraday Trade Setup | 5th April
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BankNifty opened with a gap-up near 37860 and after making a low around 37665 we saw a sharp rally because of HDFC News which took BankNifty above 38750 and we saw some selling from upper levels.
Trades we took today -
> Bought BankNifty 37800 CE at 330, it made a high above our Last Target 430, we asked Traders to Trail SL with some quantity, it made a high above 1000 and Traders booked profit
> Bought BankNifty 38200 CE at 410, it made a high above our Last Target 495 and Traders booked profit
> Bought BankNifty 38500 PE at 390, it made a high above our Last Target 500 and Traders booked profit
Overall it was a wonderful day for BankNifty Option Buyers.
Tomorrow if BankNifty sustains above 38710, we may see another up move.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 38710
Sell Below 38490
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 37800 CE at 330, it made a high above our Last Target 430, we asked Traders to Trail SL with some quantity, it made a high above 1000 and Traders booked profit
> Bought BankNifty 38200 CE at 410, it made a high above our Last Target 495 and Traders booked profit
> Bought BankNifty 38500 PE at 390, it made a high above our Last Target 500 and Traders booked profit
Overall it was a wonderful day for BankNifty Option Buyers.
Tomorrow if BankNifty sustains above 38710, we may see another up move.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 38710
Sell Below 38490
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Đóng lệnh: đạt mục tiêu
Sell Trade Triggered, 1st and 2nd Tragets done.
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Whatsapp @8287021744
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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