BANK NIFTY

Important Levels for 30-08-2021.
Any dips till 35540-35600 can be bought with SL of 35460 for targets of 35700-35720,35900 and 36050. If we open flat and start trading higher we can take longs above 35720-35740 for targets of 35900-35920 and 36050-36100. Price sustaining above 35100 and we can see the resistance zone between 36160-36300 being tested.
If we see a massive gap up and open around 36200-36250 levels, we can short immediately for targets of 36050 with a 50-60 point SL and in any other case will wait to short unless price falls below 35500 for targets of 35340.
Option data has good put buildup as compared to calls.
Chart Patterns

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