BankNifty Intraday Trade Setup | 11th October
BankNifty opened with a minor gap-up and due to RBI Policy, we saw some volatility around 10:00 and BankNifty remained in a range.
Trades we took Today:
> Bought BANKNIFTY 37800 PE at 330 which we booked at 360 due to high volatility.
> Bought BANKNIFTY 37900 CE at 280 which we booked with 30 points profit at 310 as BankNifty was Trading in a narrow range.
As today was a choppy day, nothing much for Option Buyers.
BankNifty is trying to break 38000 but we see rejection every time, we can see a trending move only if BankNifty closes above 38150.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37870
Sell Below 37680
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought BANKNIFTY 37800 PE at 330 which we booked at 360 due to high volatility.
> Bought BANKNIFTY 37900 CE at 280 which we booked with 30 points profit at 310 as BankNifty was Trading in a narrow range.
As today was a choppy day, nothing much for Option Buyers.
BankNifty is trying to break 38000 but we see rejection every time, we can see a trending move only if BankNifty closes above 38150.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37870
Sell Below 37680
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.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.