BankNifty Expiry Trade Setup | 18th August

Nifty Bank Index (NSE:BANKNIFTY)

Diupdate

NSE:BANKNIFTY Nifty Bank Index

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BankNifty opened below our sell level and we saw sharp selling in the morning, BankNifty remained in bearish territory for the entire day and we saw some recovery in the last 30 mins.

BankNifty is not aligned with Nifty, either BankNifty would give the breakout so we would see Nifty coming down. For tomorrow, we can see some volatility after 1:30 so Option Traders be cautious.

Intraday Levels:
Buy Above 36010
Sell Below 35750

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

Happy Trading!
InvestPro India Team

Komentar:

Selling from Tops, bought 36400 PE @ 310, booked max. qty at 360

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