BankNifty Intraday Trade Setup | 26th November

٢٥ نوفمبر ٢٠٢١

BankNifty opened flat, we saw selling in the morning but the 37180 zones acted as support, and BankNifty has shown great recovery from lower levels though it was a Range-Bound day.

Trades we took today -

> Bought BankNifty 37400 PE at 240 which we booked with 60 points profit at 300
> Bought BankNifty 37200 CE at 220 which made a high around 318 and Traders booked good profit in this Trade
> Bought BankNifty 37100 PE at 100 which made a high around 154 and Traders easily booked 50% profit on investment in this Trade
> Bought BankNifty 37500CE at 50 as Expiry Zero Hero which we booked with 25 points loss due to choppy movement

Tomorrow we can see a trending up-move if BankNifty sustains above 37500.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above 37500
Sell Below 37220

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

Happy Trading!
InvestPro India Team