BankNifty Intraday view for 07-10-2021
Good evening all,
Like I mentioned in the morning, nothing has changed over the past 2 days and nor did it today. Only Option writers making merry by building a false optimism on both sides.
Tomorrow: Expiry day and the volatility will be within 38120 and 37350... For us to catch any trend, these 2 levels become very important. Especially because of a possible H&S on the dynamic support trend line.
So;
Long side view:
No clear levels up until 38100
---------------
Short side view:
No clear levels till 37350... Below that, 37150, 37000 & 36865.
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
Like I mentioned in the morning, nothing has changed over the past 2 days and nor did it today. Only Option writers making merry by building a false optimism on both sides.
Tomorrow: Expiry day and the volatility will be within 38120 and 37350... For us to catch any trend, these 2 levels become very important. Especially because of a possible H&S on the dynamic support trend line.
So;
Long side view:
No clear levels up until 38100
---------------
Short side view:
No clear levels till 37350... Below that, 37150, 37000 & 36865.
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
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