BankNifty Intraday Trade Setup | 20th October
BankNifty opened with a Gap-up above our Buy level of 39800 and as per our analysis, BankNifty faced sharp rejection near the 40000 zones.
Trades we took Today:
> Bought BankNifty 40000 PE at 300 which made a high above 600 and Traders booked great profit in this.
> Bought BankNifty 39700 CE at 240 which made a high around 400 and Traders again booked great profit in this.
> Bought BankNifty 39700 CE again at 270 which we booked with 5 points loss at 265.
Overall, a great day for BankNifty Option Traders.
Tomorrow, we can see a sharp down-move of 120 - 250 points if BankNifty breaks and sustains below 39400.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 39600
Sell Below 39400
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought BankNifty 40000 PE at 300 which made a high above 600 and Traders booked great profit in this.
> Bought BankNifty 39700 CE at 240 which made a high around 400 and Traders again booked great profit in this.
> Bought BankNifty 39700 CE again at 270 which we booked with 5 points loss at 265.
Overall, a great day for BankNifty Option Traders.
Tomorrow, we can see a sharp down-move of 120 - 250 points if BankNifty breaks and sustains below 39400.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 39600
Sell Below 39400
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.