BankNifty Intraday view for 01-10-2021
Good evening all,
Today: Like we marked out yesterday, the market behaved exactly as expected.... Between 38000 and 37300. Only sellers making money.
Tomorrow: Today's movement however, does provide us with the optimism for a good 'Short' if it does... New month, new opportunity..... On the long side, nothing up until 38115.
So;
Long side view:
Buy above 38115
Target 1 - 38260
Above this TSL
Target 2 - 38360
(Long SL - 38000)
---------------
Short side view:
Sell below 37315
Target 1 - 37200
TSL below this
Target 2 - 37055
Target 3 - 36885
Target 4 zone 36755 - 37000
(Short SL - 37450)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
Today: Like we marked out yesterday, the market behaved exactly as expected.... Between 38000 and 37300. Only sellers making money.
Tomorrow: Today's movement however, does provide us with the optimism for a good 'Short' if it does... New month, new opportunity..... On the long side, nothing up until 38115.
So;
Long side view:
Buy above 38115
Target 1 - 38260
Above this TSL
Target 2 - 38360
(Long SL - 38000)
---------------
Short side view:
Sell below 37315
Target 1 - 37200
TSL below this
Target 2 - 37055
Target 3 - 36885
Target 4 zone 36755 - 37000
(Short SL - 37450)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
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