BankNifty Intraday Trade Setup | 25th October

BankNifty opened with a minor gap-up near our Buy level of 40200 and we saw a good rally in the morning, BankNifty saw resistance near 40600 level and fall almost 400 points from the day high.

Trades we took Today:

> Bought BankNifty 40500 CE at 340 and added more at 300 which made a high above 470 and Traders booked great profit in this trade
> Bought BankNifty 40000 PE at 230 which went around 310 and Traders booked good profit in this trade as well

Overall, SpanAttack Group members booked great profit on Friday.

Friday low is important to hold, if BankNifty breaks 40180 tomorrow, we can see 120-200 points fall.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 40380
Sell Below 40180

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

Happy Trading!
InvestPro India Team