BankNifty Intraday view for 08-10-2021
Good evening all,
Today: If there is something lesser than nothing, that was today. Stuck within a range of 275 points when the 14 day ATR is of 550 at this point in time. So something gotta give.... When? Let's see.
Tomorrow: We shall not leave our hope and trade what we see. And we potentially see an upward movement ONLY if 38100 is breached. However, we will enter after 38265 for a 100 - 300 point move. Down south..... Nothing till 37400-350.
So;
Long side view:
Buy above 38265
Target 1 - 38365
TSL above this
Target 2 - 38565
(Long SL - 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.
Today: If there is something lesser than nothing, that was today. Stuck within a range of 275 points when the 14 day ATR is of 550 at this point in time. So something gotta give.... When? Let's see.
Tomorrow: We shall not leave our hope and trade what we see. And we potentially see an upward movement ONLY if 38100 is breached. However, we will enter after 38265 for a 100 - 300 point move. Down south..... Nothing till 37400-350.
So;
Long side view:
Buy above 38265
Target 1 - 38365
TSL above this
Target 2 - 38565
(Long SL - 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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.