TradingView
ChartMantra
Jul 7, 2021 11:50 AM

BNF Intraday view for 08-07-2021 Long

Nifty Bank IndexNSE

Description

Good evening all,

This is NOT a copy & paste from yesterday. Well, it is..... In a way that my view hasn't changed and levels haven't been breached.

With an ascending triangle forming at 35800, 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.

Trade closed: target reached

While the overall view was negated, the target on short side achieved
Comments
akashkharade03
Good Job 👍
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