BankNifty Intraday Trade Setup | 10th December

2021年12月9日

BankNifty opened near our Buy Level of 36400, we saw selling in the morning and BankNifty made a low around 35900 which worked as support and again came towards 36250.

Trades we took today -

> Bought BankNifty 16th Dec 37400 CE at 410 which we booked with 80 points loss
> Bought BankNifty 16th Dec 37100 PE at 410 which made a high above 500 and Traders booked good profit in this Trade
> Bought BankNifty 16th Dec 37200 CE at 340 which made a high around 480 and Traders booked good profit in this Trade
> Bought BankNifty 16th Dec 37100 PE again at 360 which we booked with 25 points loss
> Bought BankNifty 37300 CE at 40 which made a high around 75 and Traders booked Great Profit in this Trade

Overall, a choppy day for BankNifty Option Buyers.

BankNifty formed a range and we may see a good move tomorrow either side range breaks.

Expectations for Tomorrow: Trending day.

Intraday Levels:
Buy Above 37260
Sell Below 36900

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

Happy Trading!
InvestPro India Team

2021年12月12日

交易結束：達到停損點

Choppy Market, SL hit on Sell Side.