InvestPro_India

Bank Intraday Trade Setup | 20th July

NSE:BANKNIFTY   Nifty Bank Index
BankNifty opened with a big gap down near 35100, took support near 35000 zone which was physiological support and we saw a bounce towards 35347. We again saw a rejection from the yellow resistance line, we gave 35400 PE at 250 which gave us a good profit.

I also updated when BankNifty came in the 34500-34900 zone and bought 35000 CE which also gave good profit.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above 35150
Sell Below 34900

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

Happy Trading!

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