ChartMantra

BankNifty Intraday view for 10-08-2021

NSE:BANKNIFTY   NIFTY BANK
Good evening all,

Today again was a range-bound day and our entry levels were not activated. For tomorrow, across time frames the view suggested by the chart is either range-bound or if it breaches 36200, then, an upward climb of about 200 points. Nothing indicates a southside move as of now and will need to wait for the morning to provide us with better clarity. So;

Long side view:
Buy above 36220
Target 1 - 36425
above this, trail your SL
(Long SL - 36050)
---------------
Short side view:
TO BE UPDATED IN THE MORNING

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

Comments