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BNF Intraday view for 08-07-2021

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NSE:BANKNIFTY   Nifty Bank Index
Good evening all,

This is NOT a copy & paste from yesterday. Well, it is..... In a way that my view hasn't changed and levels haven't been breached.

With an ascending triangle forming at 35800, from here, if the market goes up, it will be as follows:

Long side view:
Buy above 35820
Target 1 - 36050
Target 2 - 36445
Target 3 - 36575

However in my view, it will touch the 36000 range and then probably drop back, and if it does, then;

Short Side view:
Sell below 35400
Target 1 - 35120
Target 2 Zone (35000 - 34900)
Target 3 - 34650

*** This is a view and not necessarily a trade recommendation ***

However, If you like my idea..., do spread the word.
İşlem kapandı: hedefe ulaştı:
While the overall view was negated, the target on short side achieved
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.