InvestPro_India

Bank Nifty Intraday Trade Setup | 16th April 2021

NSE:BANKNIFTY   Nifty Bank Index
As per our analysis, we saw the volatility after 1:20 which gave huge profits. As per our trade set-up, Sell Trade initiated which hit our SL and Buy Trade triggered in the second half which met all our targets.

Trading Room subscribers sold Nifty 14400 PE at 70 for a Target of 0 and bought BankNifty 32000 CE at 60 which gave an easy 250% profit.

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Expectations for Tomorrow: Rangebound day.

Resistance: 32397
Support: 31617

Intraday Levels:
Buy Above 32200
Sell Below 31900

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

Happy Trading!
InvestPro India Team

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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