BankNifty Intraday Trade Setup | 3rd January 2022

Zaktualizowano
BankNifty opened flat today and gave a great rally in the morning 30 mins, post that it was trading in a range.

Trades we took today -

> Bought BankNifty 35200 PE at 370 which we booked with 40 points loss
> Bought BankNifty 35300 PE at 360 which we booked with 30 points loss
> Bought BankNifty 35500 CE at 440 and we added more at 380 which we booked at a cost due to slow movement
> Bought BankNifty 35400 CE at 420 which went towards 500 and Traders booked good profit in this Trade
> Bought BankNifty 35600 PE at 390 which went above 450 but we asked Safe Traders to exit at cost as there was no movement

Overall, a choppy day for BankNifty Option Buyers.

BankNifty has given the Breakout and we can see another good move on the upside if it Breaks 35600.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above 35600
Sell Below 34350

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

Happy Trading!
InvestPro India Team
Uwaga
Buy Trade Triggered, 1st and 2nd Targets Done.
Transakcja zamknięta: osiągnięto wyznaczony cel
All Targets Done.
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