Bank Expiry Trade Setup | 1st July

BankNifty opened flat and faced resistance near our buy level, there was also a falling resistance line. We bought 35200 PE in the morning around 240 which hit all our targets in just 10 mins. BankNifty took support from the 34900 zones and we have seen a good rally towards the 35200 zone which was again our resistance level and we again saw rejection and sharp fall from that zone.

Expectations for Tomorrow: Range-bound day, volatility after 1:30 PM.

Resistance: 35080
Support: 34421

Intraday Levels:
Buy Above 34900
Sell Below 34700

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

Happy Trading!

InvestPro_India

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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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