BankNifty Intraday view for 13-09-2021
Good morning all,
Thursday was a classic example of a seller trap. Showed potential upside to lure and then made it stick in a range to decay the premium. Hence levels are important and over that, entry and exit.
For tomorrow, I do not have hope until the 37000 - 36400 range breaks.
So;
Long side view:
Buy above 36925
Target 1 zone 37000 - 37025
Target 2 - 37140
Above this TSL
(Long SL - 36820)
---------------
Short side view:
Sell below 36390
Target 1 zone 36265 - 36215
Below this TSL
Target 2 zone 36151 - 36135
(Short SL -36520)
*** 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.
Thursday was a classic example of a seller trap. Showed potential upside to lure and then made it stick in a range to decay the premium. Hence levels are important and over that, entry and exit.
For tomorrow, I do not have hope until the 37000 - 36400 range breaks.
So;
Long side view:
Buy above 36925
Target 1 zone 37000 - 37025
Target 2 - 37140
Above this TSL
(Long SL - 36820)
---------------
Short side view:
Sell below 36390
Target 1 zone 36265 - 36215
Below this TSL
Target 2 zone 36151 - 36135
(Short SL -36520)
*** 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.