BankNifty Intraday view for 03-09-2021
Good evening all,
Contarary to its nature, it was comparatively sideways today and within the range we had marked. it has been so for the past 2 days and has been volatile within that. For it to gain momentum, it needs to break 37000 and 36250.
So;
Long side view:
Buy above 37000
Target 1 - 37175
Above this TSL
Target 2 37315
(Long SL - 36895)
---------------
Short side view:
Sell below 36465
Target 1 - 36360
Below this TSL
Target 2 zone 36265 - 36205
Target 3 - 36140
(Short SL - 110 points)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Contarary to its nature, it was comparatively sideways today and within the range we had marked. it has been so for the past 2 days and has been volatile within that. For it to gain momentum, it needs to break 37000 and 36250.
So;
Long side view:
Buy above 37000
Target 1 - 37175
Above this TSL
Target 2 37315
(Long SL - 36895)
---------------
Short side view:
Sell below 36465
Target 1 - 36360
Below this TSL
Target 2 zone 36265 - 36205
Target 3 - 36140
(Short SL - 110 points)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
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