ChartMantra

BNF Intraday view for 07-07-2021

Long
ChartMantra Updated   
NSE:BANKNIFTY   Nifty Bank Index
Good evening all,

Like I had mentioned in my weekly view, the target for 35700 was met today. 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.
Order cancelled:
Looks like market took rest after the rally yesterday
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