BankNifty Intraday Trade Setup | 15th Feb

2022年2月14日

BankNifty opened with a big Gap-down below the yellow support trend line due to Global cues, and we saw further falling towards the 37220 zone which acted as support but BankNifty broke this around 2:00 and closed near day low.

Trades we took today -

> Bought BankNifty 37400 CE at 460, it went above our 2nd Target 540 and Traders booked profit in this Trade
> Bought BankNifty 37300 PE at 420 which we booked around cost due to slow movement
> Bought BankNifty 37600 CE at 320 which we booked with a small profit at 350

We took lesser trades as it was a volatile day and BankNifty Option Buyers booked small profit.

Tomorrow, if BankNifty breaks today's low 36800 we may see a fast down move again.

Expectations for Tomorrow: Volatile Day

Intraday Levels:
Buy Above 37050
Sell Below 36800

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

Happy Trading!
InvestPro India Team

2022年2月15日

交易結束：目標達成

Buy Trade Triggered and All Targets Done.