BankNifty Intraday Trade Setup | 17th September

BankNifty opened with a gap-up near its yesterday high and tested a resistance level of 37050. We bought 37200 PE and 37300 PE in the morning and booked both with great profit. BankNifty restated yesterday high and keep going up for the whole day. We also bought 37500 PE at 120 which went to 175 and we booked profit in that Trade too.

BankNifty has given the breakout and closed near its ATH, we can see another up move if BN sustains above 37720 tomorrow.

Expectations for Tomorrow: Rangebound day.

Intraday Levels:
Buy Above 37720
Sell Below 37400

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Happy Trading!
InvestPro India Team