ChartMantra

BankNifty Intraday view for 10-11-2021

NSE:BANKNIFTY   Nifty Bank Index
Good evening all,

Today: Like I said last evening.... It will bore us and it did. Respecting the resistance line for a very long time, only to peak out on the last candle in the 30M time frame.

Tomorrow: With RSI still at around 50, and range not broken on either side, the chart is CTRL+C, CTRL+V from yesterday. A minor adjustment to the short target 1 though.

So;
Long side view:
Buy above 40160
Target 1 zone 40350 - 40415
TSL above this
Target 2 - 40585
Target 3 zone 40830 - 40880 ( not marked on the chart due to lack of space)
(Long SL - 40000)
---------------
Short side view:
Sell below 38785
Target 1 zone 38625 - 38585
TSL below this
Target 2 zone 38500 - 38430
(Short SL - 38950)

*** 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.