Bank Intraday Trade Setup | 30th June 2021

BankNifty opened with a minor gap-down and came to test the support zone 35050-34950, took support, and traded in the range. Overall BankNifty was looking bearish today though it was able to close above the physiological level of 35000. For tomorrow, if we open with Gap-up, look for the selling opportunity, if opens Gap-down follow the price action.

Expectations for Tomorrow: Volatile day.

Resistance: 35260
Support: 34836

Intraday Levels:
Buy Above 35100
Sell Below 34900

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

Happy Trading!

Commentaire:

Again faced resistance near our buying level and yellow falling line, bought 35200 PE that gave great profit in just 10 mins.