BankNifty Intraday view for 24-01-2021
Good evening all,
Friday: One target met and then a lot of volatility in a 500 point range of 2.5X ATR.
Tomorrow: The Chart and RSI both peek out a 'long' if 55 RSI is breached and sustained. Above that not a lot room though. So trade with care. For the 'short', I again will want to wait for some more clarity.
So;
Long side view:
Buy above 37880
Target 1 zone 37960 - 38050
TSL above this
Target 2 - 38160
Target 3 - 38280
(Long SL - 38800)
---------------
Short side view:
LET US WAIT
*** 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.
Friday: One target met and then a lot of volatility in a 500 point range of 2.5X ATR.
Tomorrow: The Chart and RSI both peek out a 'long' if 55 RSI is breached and sustained. Above that not a lot room though. So trade with care. For the 'short', I again will want to wait for some more clarity.
So;
Long side view:
Buy above 37880
Target 1 zone 37960 - 38050
TSL above this
Target 2 - 38160
Target 3 - 38280
(Long SL - 38800)
---------------
Short side view:
LET US WAIT
*** 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.