BankNifty Intraday Trade Setup | 30th November

BankNifty opened with a gap-up at 36242 and we saw huge selling at open and BankNifty made a low around 35300 but we also saw a good recovery as expected.

Trades we took today -

> Bought BankNifty 36000 CE at 360 which made a high around 500 and Traders booked great profit in this Trade
> Bought BankNifty 36000 CE again at 340 which made a high above 500 and Traders booked great profit in this Trade
> Bought BankNifty 35900 PE at 290 which we booked at the cost due to slow movement
> Bought BankNifty 36100 PE at 340 which made a high around 400 and Traders booked good profit in this Trade
> Bought BankNifty 36200 CE at 390 which made a high around 450 and Traders booked good profit in this Trade
> Bought BankNifty 36200 CE again at 380 which we booked with 60 points loss

Overall, Wonderful day for BankNifty Option Buyers.

If BankNifty breaks 35850 on the downside, we may again see a sharp down move tomorrow.

Expectations for Tomorrow: Range-bound Day.

Intraday Levels:
Buy Above 36220
Sell Below 35900

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

Happy Trading!
InvestPro India Team

Transakcja zamknięta: osiągnięto wyznaczony cel:

Targets Done on Both Buying and Sell Side.