BankNifty Expiry Trade Setup | 27th January

已更新

BankNifty opened a flat and formed a low near 36400 zones in the first candle but didn't break Monday's low and we saw great upmove from lower levels. We saw a short-covering move in the second half and BankNifty closed in green with more than 750 points.

Trades we took today -

> Bought BankNifty 37100 CE at 420, it made a high above our last Target 550 and Traders booked great profit in this Trade
> Bought BankNifty 37100 CE again at 490, it made a high above our first Target 550 and Traders booked profit in this Trade
> Bought BankNifty 37500 PE again at 360, it made a high around our first Target 400 and Traders booked profit in this Trade
> Bought BankNifty 37300 CE at 410, it made a high around our Last Target 520 and Traders booked profit in this Trade

Overall, a Great Day for BankNifty Option Buyers.

Tomorrow, if BankNifty opens flat and sustains above 37780 we may see a follow-up upmove for 120-250 points.

Expectations for Tomorrow: Range-bound Day, Volatality after 1:00.

Intraday Levels:
Buy Above 37780
Sell Below 37400

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

Happy Trading!
InvestPro India Team

交易結束：目標達成

Both Sell and Buy Trade Triggered and Targets Done on both sides.