BankNifty opened flat and remained in a Range the whole day as per the analysis. Both CE and PE went down due to choppy movement as there was no follow-up trend even on 5 mins Time-Frame.
Trades we took today -
> Bought BankNifty 39500 CE at 300 which we booked with 30 points loss
> Bought BankNifty 39500 CE again at 270 which we also booked with 40 points profit
> Bought BankNifty 39400 PE at 300 which we booked with 45 points loss
> Bought BankNifty 39400 PE again at 300 which we booked with 20-30 points profit
Overall, it was not a good day for BankNifty Option Buyers.
Today's range is important for today, we may see a trending move once BankNifty breaks this range on either side.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 39570
Sell Below 39200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 39500 CE at 300 which we booked with 30 points loss
> Bought BankNifty 39500 CE again at 270 which we also booked with 40 points profit
> Bought BankNifty 39400 PE at 300 which we booked with 45 points loss
> Bought BankNifty 39400 PE again at 300 which we booked with 20-30 points profit
Overall, it was not a good day for BankNifty Option Buyers.
Today's range is important for today, we may see a trending move once BankNifty breaks this range on either side.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 39570
Sell Below 39200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
評論:
Sell Trade Triggered around 2:00 PM and 1st and 2nd Target Done.
