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BankNifty Intraday Trade Setup | 14th September

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftylevels bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern indicator banknifty bankniftytradesetup bankniftyanalysis bankniftylevels bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
BankNifty opened with a minor gap-up, it faced resistance at our buying level 36700 in the morning and we saw a good fall. We bought 36600 CE at 240 which we booked at cost. We bought 36400 CE from support levels at 295 which went to around 370 and Traders booked good profit. After the morning movement, it was trading in a narrow range so we didn't take any more trades.

For tomorrow, we can again see a down-move if BN sustains below 36425.

Expectations for Tomorrow: Volatile Market.

Intraday Levels:
Buy Above 36560
Sell Below 36425

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

Happy Trading!
InvestPro India Team
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

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