ChartMantra

BNF Intraday view for 08-07-2021

Panjang
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NSE:BANKNIFTY   Nifty Bank Index
Good evening all,

This is NOT a copy & paste from yesterday. Well, it is..... In a way that my view hasn't changed and levels haven't been breached.

With an ascending triangle forming at 35800, from here, if the market goes up, it will be as follows:

Long side view:
Buy above 35820
Target 1 - 36050
Target 2 - 36445
Target 3 - 36575

However in my view, it will touch the 36000 range and then probably drop back, and if it does, then;

Short Side view:
Sell below 35400
Target 1 - 35120
Target 2 Zone (35000 - 34900)
Target 3 - 34650

*** This is a view and not necessarily a trade recommendation ***

However, If you like my idea..., do spread the word.
Dagangan ditutup: sasaran tercapai:
While the overall view was negated, the target on short side achieved
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.