BankNifty Intraday Trade Setup | 26th November
BankNifty opened flat, we saw selling in the morning but the 37180 zones acted as support, and BankNifty has shown great recovery from lower levels though it was a Range-Bound day.
Trades we took today -
> Bought BankNifty 37400 PE at 240 which we booked with 60 points profit at 300
> Bought BankNifty 37200 CE at 220 which made a high around 318 and Traders booked good profit in this Trade
> Bought BankNifty 37100 PE at 100 which made a high around 154 and Traders easily booked 50% profit on investment in this Trade
> Bought BankNifty 37500CE at 50 as Expiry Zero Hero which we booked with 25 points loss due to choppy movement
Tomorrow we can see a trending up-move if BankNifty sustains above 37500.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above 37500
Sell Below 37220
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 37400 PE at 240 which we booked with 60 points profit at 300
> Bought BankNifty 37200 CE at 220 which made a high around 318 and Traders booked good profit in this Trade
> Bought BankNifty 37100 PE at 100 which made a high around 154 and Traders easily booked 50% profit on investment in this Trade
> Bought BankNifty 37500CE at 50 as Expiry Zero Hero which we booked with 25 points loss due to choppy movement
Tomorrow we can see a trending up-move if BankNifty sustains above 37500.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above 37500
Sell Below 37220
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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