Bank Intraday Trade Setup | 2nd July

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BankNifty opened a flat and soon it tested lower range, we bought 34700 CE at 130 which gave good profit. Overall it was a range-bound day and we saw some volatility after 1:30 as analyzed. Overall it was a good day for Option Sellers.

Expectations for Tomorrow: Trending Day.

Resistance: 35020
Support: 34480

Intraday Levels:
Buy Above 34800
Sell Below 34650

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

Happy Trading!

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ملاحظة

Couldn't sustain above upper blue line 34800. We bought 34700 PE at 255, booked profit.

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أغلقت الصفقة: تم الوصول للهدف

Buy Trade triggered around 12:15 and hit our first target.