Bank Intraday Trade Setup | 4th June 2021
BankNifty opened with a Gap-up and remained in a range for the first half. As we analyzed we saw volatility after 1:00 PM. Tomorrow there is an event, RBI Credit Policy hence market can be in range, high volatile during Policy announcement, and then a Trending Move.
Expectations for Tomorrow: Range bound until RBI Credit Policy, then a Trending Move.
Resistance: 35905
Support: 35284
Intraday Levels:
Buy Above 35700
Sell Below 35500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Expectations for Tomorrow: Range bound until RBI Credit Policy, then a Trending Move.
Resistance: 35905
Support: 35284
Intraday Levels:
Buy Above 35700
Sell Below 35500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Сделка закрыта: достигнута тейк-профит цена:
Sell Trade Triggered and all targets done.
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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.
