BankNifty Intraday Trade Setup | 29th September

As per our analysis, we saw huge volatility today. BankNifty opened with a gap-up and we saw a sharp selling today though the Market was oversold and saw a sharp recovery in the last hour. We took 4 Trades today and booked profit in BankNifty 38100 PE and BankNifty 38200 CE and on the other side, BankNifty 38300 CE and BankNifty 37700 CE didn't work and we booked a loss.

For tomorrow, we can expect another up-move if BankNifty sustains above 38100 in the morning.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 38100
Sell Below 37700

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

Happy Trading!
InvestPro India Team