BankNifty Intraday Trade Setup | 26th October

2021年10月25日

BankNifty opened with a big gap-up around 41000 and after some consolidation, we saw another good upmove as expected.

Trades we took Today:

> Bought BankNifty 40700 PE at 340 which we booked at cost as there was not much movement in the morning
> Bought BankNifty 40900 CE at 250 which made a high above 1100 and Traders booked great profit in this trade
> Bought BankNifty 41800 CE at 290 which we booked with 50 points of loss
> Bought BankNifty 41300 CE at 290 which made a high around 400and Traders booked good profit in this trade

Overall, we booked great profit today.

Tomorrow, we can see a good upmove if BankNifty starts trading above 41400 in the morning.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above 41400
Sell Below 41000

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

Happy Trading!
InvestPro India Team

2021年10月26日

註釋

Sell Trade triggered as per set-up and 1st Target done.