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BNF Intraday view for 01-07-2021

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NSE:BANKNIFTY   Nifty Bank Index
Today's day was as expected, BNF reached 32200 levels and reversed from the PRZ.

For tomorrow, both indicators suggest a gap-down opening and then a possible reversal from 35650 - 35550 zone and back to 35200 with some hiccups at 35000 which always remains a psychological barrier.

If it breaks down further and sustains below 34350, then we may see 34100 and 33900 in the next few trading sessions.

*** This is my view and not necessarily a trade recommendation ***
Dagangan ditutup: sasaran tercapai:
While the day started with a minor gap up, it reached a low of 34670 and bounced back to 34900 just to reverse back again to 34650. So, in all 2 moves; first up for 225 points and second down for 250 points.

Hope you had a successful trading day
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