ChartMantra

BankNifty Intraday view for 23-08-2021

Long
NSE:BANKNIFTY   NIFTY BANK
Good morning all,

On Friday, we started with meeting 2 targets after a gap down and pull back. For today, the chart suggests a long with a tricky downside.

So:
Long side view:
Buy above 35185
Target 1 zone 35265 - 35305
Target 2 - 35350
Target 3 zone 35400 - 35430
Above this trail your SL
(Long SL - 100 points)
---------------
Short side view:
Sell below 34925
Target 1 - 34860
Target 2 - 34800
(Short SL - 100 points)

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