InvestPro_India

Bank Intraday Trade Setup | 5th July

InvestPro_India Güncellendi   
NSE:BANKNIFTY   Nifty Bank Index
BankNifty opened with a minor gap-up and it faced resistance near our Buy level which was 34800, we bought 34700 PE at 255 which gave a good profit. In the second half, it broke 34800 levels and hit the first target as per the trade set-up.

BankNifty is trading in a triangle pattern and the range is narrowing down, we are expecting a big trend move once it breaks the triangle on either side.

Expectations for Tomorrow: Volatile day.

Resistance: 35040
Support: 34663

Intraday Levels:
Buy Above 34900
Sell Below 34600

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

Happy Trading!
Yorum:
Bought at 35050

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.