BankNifty Expiry Trade Setup | 7th April
Mis à jour
BankNifty opened with a gap-down around 37740 and after testing 37820 zones we saw selling towards 37513 and BankNifty was trading in the 300 - 350 points range for the whole day.
Trades we took today -
> Bought BankNifty 37600 CE at 300, it made a high above our Last Target of 395 and Traders booked profit
> Bought BankNifty 38000 PE at 440, we added more at 400 and booked all with profit around 500
> Bought BankNifty 38000 PE again at 440, it made a high above our 2nd Target of 520 and Traders booked profit
> Bought BankNifty 37600 CE at 320, it made a high above our 3rd Target of 410 and Traders booked profit
> Bought BankNifty 37600 CE again at 320, it made a high above our 3rd Target of 410 and Traders booked profit
> Bought BankNifty 37500 CE at 320 which we booked with 5 points loss
> Bought BankNifty 37900 PE again at 330, it made a high above our 1st Target of 390 and Traders booked profit
> Bought BankNifty 37500 CE at 290, it made a high above our 3rd Target of 360 and Traders booked profit
Overall it was a wonderful day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37500 on the downside, we may see a fast down move.
Expectations for Tomorrow: Range-bound day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above 37870
Sell Below 37500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 37600 CE at 300, it made a high above our Last Target of 395 and Traders booked profit
> Bought BankNifty 38000 PE at 440, we added more at 400 and booked all with profit around 500
> Bought BankNifty 38000 PE again at 440, it made a high above our 2nd Target of 520 and Traders booked profit
> Bought BankNifty 37600 CE at 320, it made a high above our 3rd Target of 410 and Traders booked profit
> Bought BankNifty 37600 CE again at 320, it made a high above our 3rd Target of 410 and Traders booked profit
> Bought BankNifty 37500 CE at 320 which we booked with 5 points loss
> Bought BankNifty 37900 PE again at 330, it made a high above our 1st Target of 390 and Traders booked profit
> Bought BankNifty 37500 CE at 290, it made a high above our 3rd Target of 360 and Traders booked profit
Overall it was a wonderful day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37500 on the downside, we may see a fast down move.
Expectations for Tomorrow: Range-bound day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above 37870
Sell Below 37500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade fermée: cible de profit atteinte
Buy Trade Triggered, 1st Target Done.
Subscription Plans: investproindia.in/subscription
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.