BankNifty Expiry Trade Setup | 30th December

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BankNifty opened flat today, it went down towards 35050 zones which provided support and we saw a great bounce towards the 35350 zones.

Trades we took today -

> Bought BankNifty 35000 CE at 280 which made a high above 400 and Traders booked great profit in this Trade
> Bought BankNifty 35500 PE at 370 which we booked with 40 points loss
> Bought BankNifty 35400 PE at 440 which made a high above 600 and Traders booked great profit in this Trade
> Bought BankNifty 35000 CE 6th Jan at 610 which we booked at cost due to slow movement
> Bought BankNifty 35600 PE at 430 which made a high above 500 and Traders booked good profit in this Trade

Overall, a Great day for BankNifty Option Buyers.

Tomorrow if BankNifty breaks 34900 on the downside, we can see a fast down move.

Expectations for Tomorrow: Range-bound Day, Volatility after 1:30 PM.

Intraday Levels:
Buy Above 35250
Sell Below 34900

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

Happy Trading!
InvestPro India Team
Ghi chú
No Trade as per Set-up.
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