BankNifty Intraday Trade Setup | 11th January 2022

2022年1月10日

BankNifty opened with a big Gap-up around 37950, gave follow-up upmove in the morning and we saw some selling but again taken support near morning low and closed above 38300.

Trades we took today -

> Bought BankNifty 38000 CE at 490 which we booked with 60 points loss
> Bought BankNifty 38400 CE at 290 which we booked with 30 points loss
> Bought BankNifty 38300 PE at 420 which went above our 3rd Target 540 and Traders booked great profit in this Trade
> Bought BankNifty 37800 CE at 470 which made a high above our Last Target 570 and Traders booked great profit in this Trade
> Bought BankNifty 38100 CE at 380 which made a high above our Last Target 490 and Traders booked great profit in this Trade

Overall, a Great day for BankNifty Option Buyers.

Tomorrow, we may see an upmove above 38400 but trade small qty as BankNifty already moved around 3000 points in last 7 sessions.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above 38400
Sell Below 38090

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

Happy Trading!
InvestPro India Team

2022年1月11日

交易结束：到达目标

Buy Trade Triggered and captured 100 points.