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BankNifty Intraday Trade Setup | 12th October

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyview bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern indicator banknifty bankniftytradesetup bankniftyanalysis bankniftyview bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
BankNifty opened with a flat and as expected we saw a great upmove once BankNifty sustains above 37870 and BankNifty closed above its resistance zone of 38150.

For tomorrow, 38200-38100 would act as a support zone, and if BankNifty tests this zone in the morning and don't break then we may see BankNifty again in the 38400-38500 zone.

Expectations for Tomorrow: Range-bound Day.

Intraday Levels:
Buy Above 38500
Sell Below 38100

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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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