BankNifty Intraday Trade Setup | 1st September

2021年8月31日

BankNifty opened with a minor gap-up, and we bought 36500 PE at 300 in the morning which went to 390 in just 5-10 mins and Traders booked good profit. We also bought 36400, 36500 PE, and 36400 CE and closed all in profit. We also bought 36500 CE at 260 but we saw a sudden fall of 200 points and we did exit with 40 points SL. Overall, it was a good day for Option Buyers.

For tomorrow, BankNifty may give a good up-move above 36550 but be cautious at upper levels and don't trade options without SL. We would be looking for Buying opportunity in Morning if BankNifty comes down to 36250-36200 levels.

Expectations for Tomorrow: Range-bound day, Selling after 2:00 PM.

Intraday Levels:
Buy Above 36550
Sell Below 36250

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

Happy Trading!
InvestPro India Team

2021年9月1日

交易结束：到达目标

All Targets Done on the Buying Side, we also booked bought 36900 PE around 220 and booked great profit.