BankNifty Intraday Trade Setup | 1st Feb

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BankNifty opened with a Gap-up around 38100 and we again saw a choppy session. We saw selling in the morning session, BankNifty formed a low at 37647 and we saw a great recovery from lower levels.

Trades we took today -

> Bought BankNifty 38600 CE at 420, it went above our First Target 470 and Traders booked profit in this Trade
> Bought BankNifty 37900 PE at 620, it went above our Last Target 750 and Traders booked great profit in this Trade
> Bought BankNifty 38800 CE at 390 which we booked at 410

Overall, a good day for BankNifty Option Buyers.

Tomorrow is a crucial day if BankNifty sustains above 38150, an upmove of 150 - 300 points is expected.

Expectations for Tomorrow: Volatile day, Trending move after 1:00 PM.

Intraday Levels:
Buy Above 38150
Sell Below 37860

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

Happy Trading!
InvestPro India Team

交易结束：到达目标

Buy Trade Triggered, All Targets Done.

InvestPro_India

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Views are for educational purposes only. You are solely responsible for any decisions based on my research.

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