BankNifty Intraday Trade Setup | 9th November

BankNifty opened near our Sell level of 39500 and we saw a sharp fall in the morning due to panic selling in IndusInd Bank. It took support near psychological level of 39000 and we saw good 580 points recovery from day's low.

BankNifty formed a Bullish Hammer on the daily time frame and we see a good upmove if BankNifty starts trading above today's Day High.

Expectations for Tomorrow: Range-bound Day.

Intraday Levels:
Buy Above 38520
Sell Below 39350

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Happy Trading!
InvestPro India Team

Kommentar:

Buy Above 39520.

Trade geschlossen: Stop wurde erreicht:

Range-bound Market, SL hit as per trade set-up.