BankNifty Intraday Trade Setup | 27th September

Today BankNifty opened with a gap-up above our Buy level and took resistance at previous ATH 38112, we saw the rejection towards 37700 zones which was the strong support zone and we updated Traders that we expect a bounce from this zone. Traders who bought CE at lower levels made a good profit.

We also bought 38000 and 38100 CE but due to the range-bound marker, we booked both around cost.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above 37980
Sell Below 37700

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

Happy Trading!
InvestPro India Team