BankNifty opened flat around 34240 and after making a low near 34175 we saw an upmove BankNifty made a high near 34800 which acted as a rejection zone and profit booking was seen.
Trades we took yesterday-
> Bought BankNifty 34400 PE at 330, it went above our 1st Target of 360 and Traders booked profit
> Bought BankNifty 35000 CE May Expiry at 455, it went above our 1st Target of 550 and Traders booked profit
> Bought BankNifty 34700 PE at 260, it went above our Last Target of 325 and Traders booked profit
> Bought BankNifty 34500 CE at 315 which we booked with a loss at 285
Overall, it BankNifty option buyers booked profit on a volatile day.
Tomorrow if BankNifty breaks 35550 on the upside, we can expect an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34550
Sell Below 34300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took yesterday-
> Bought BankNifty 34400 PE at 330, it went above our 1st Target of 360 and Traders booked profit
> Bought BankNifty 35000 CE May Expiry at 455, it went above our 1st Target of 550 and Traders booked profit
> Bought BankNifty 34700 PE at 260, it went above our Last Target of 325 and Traders booked profit
> Bought BankNifty 34500 CE at 315 which we booked with a loss at 285
Overall, it BankNifty option buyers booked profit on a volatile day.
Tomorrow if BankNifty breaks 35550 on the upside, we can expect an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34550
Sell Below 34300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
İşlem kapandı: hedefe ulaştı
Both Sell and Buy Traders Triggered and Targets done.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.