ChartMantra

BankNifty Intraday view for 31-08-2021

NSE:BANKNIFTY   Nifty Bank Index
Good evening all,

What a run we had today. All our targets over the last 3-4 sessions met and 36320 broken. Do we see a new high? May be...... Let's see. It is at a point where it may reverse from the PRZ or move up.

So;
Long side view:
Buy above 36475
Target 1 zone 36620 - 36635
Target 2 - 36840
Above this TSL
(Long SL - 36350)
---------------
Short side view:
Sell below 35910
Target 1 - 35795
Target 2 - 35695
Target 3 - 35595
(Short SL - 36050)

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