Bank Intraday Trade Setup | 21st June 2021

BankNifty Opened with a Gap-up and faced resistance near the drawn Yellow Line. We saw panic selling once start trading below 33450 which was also our Sell level. SGX showing gap-down opening and if BankNifty opens near 34000 zones, would be looking at the Buy opportunity.

Expectations for Tomorrow: Volatile day.

Resistance: 34927
Support: 34048

Intraday Levels:
Buy Above 34700
Sell Below 34400

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

Happy Trading!
InvestPro India Team

Kommentera:

As mentioned yesterday, buying morning low is giving a profit.