BankNifty Intraday view for 30-07-2021

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Nifty Bank Index (NSE:BANKNIFTY)

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NSE:BANKNIFTY Nifty Bank Index

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Good evening all,

Today was a rather devious expiry ---- of the sellers, by the sellers & for the sellers. Our long side SL was saved by 6 points and then it hit the 1st target. While my view for tomorrow is long, I will be watchful of the move down as well;

Long side view:
Buy above 34850
Target 1 - 34950
Target 2 zone 35050 - 35200
Between this zone and above, trail your SL
(Long SL - 34750)
---------------
Short side view:
Sell below 34340
Target 1 zone 34220 - 34190
Target 2 - 34115
Target 3 - 34030
(Short SL - 34500)

*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.

Pesanan dibatalkan

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.