ChartMantra

BankNifty Intraday view for 16-09-2021

ChartMantra Updated   
NSE:BANKNIFTY   Nifty Bank Index
Good morning all,

We saw good momentum in the second half yesterday providing us with some optimism. Today, if it needs to continue, we'll need the 37000 barrier to be broken. If it does, we see a good move.

So;
Long side view:
Buy above 37030
Target 1 - 37140
Above this TSL
Target 2 - 37265
(Long SL - 36860)
---------------
Short side view:
Sell below 36325
Target 1 - 36225
Below this TSL
Target 2 - 36150
(Short SL -36425)

*** 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.
Trade closed: target reached:
350 points earned
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