BankNifty Intraday Trade Setup | 3rd September

BankNifty opened with a gap-up and tested yesterday's low. We bought 36300 CE at 270 and again at 260 which went to around 400 and Traders booked great profit in Morning. After morning up-move, BankNifty was moving slowly to eat premiums and there was not much opportunity for Option Buyers after morning trades.

For tomorrow, we may see a good rally if BankNifty sustains above 36900 so look for the buying opportunity in the morning.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 36900
Sell Below 36600

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Happy Trading!
InvestPro India Team