ChartMantra

BNF Intraday view for 16-07-2021

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NSE:BANKNIFTY   Nifty Bank Index
Good evening all,

Finally..... Fort 35800 was breached and we climbed almost up to 36000 (15 points shy of the summit).

Tomorrow is a different day, and tricky at that. The noise on my chart suggests so. If the market carries its 'long' sentiment from the past 5 sessions then;

Long side view:
Buy above 36070
Target 1 zone - 36180 to 36200
Target 2 - 36400
Target 3 - 36500

However, if it goes south then;

Short side view:
Sell below 35800
Target 1 zone - 35650 to 35600
Target 2 - 35430

On either side, 100 point stop loss is a good idea, providing you a RR of at least 1:1

*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
İşlem elle kapatılmış
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.