BankNifty Intraday Trade Setup | 27th December

BankNifty opened with a Gap-up at 35327, we saw sharp selling at open and BankNifty made a low around 34600 which provided support to BankNifty.

Trades we took today -

> Bought BankNifty 35000 PE at 380 which made a high above 500 and Traders booked great profit in this Trade
> Bought BankNifty 34900 PE at 430 which made a high above 530 and Traders booked great profit in this Trade

Overall, a Great Day for BankNifty Option Buyers.

BankNifty trading in a range and we may see a fast move wherever BankNifty gives a breakout.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above 35050
Sell Below 34600

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

Happy Trading!
InvestPro India Team