Nifty Bank IndexUpdated BankNifty Intraday view for 21-09-2021
Good evening all,
Apologies for not being to update the chart throughout the day today, but if you did take a short position below 37300, you will have earned 300 points. For tomorrow, to be in a good short position, we'll need the 37000 mark to be broken down. From there we'll probably see a good 200-300 or even 400 points drop.
So;
Long side view:
Buy above 37800
Target 1 - 37925
Above this TSL
Target 2 - 38000
Target 3 - 38110
(Long SL - 37700)
---------------
Short side view:
Sell below 37000
Target 1 - 36850
Below this TSL
Target 2 - 36685
Target 3 - 36575
(Short SL -37150)
*** 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.
Apologies for not being to update the chart throughout the day today, but if you did take a short position below 37300, you will have earned 300 points. For tomorrow, to be in a good short position, we'll need the 37000 mark to be broken down. From there we'll probably see a good 200-300 or even 400 points drop.
So;
Long side view:
Buy above 37800
Target 1 - 37925
Above this TSL
Target 2 - 38000
Target 3 - 38110
(Long SL - 37700)
---------------
Short side view:
Sell below 37000
Target 1 - 36850
Below this TSL
Target 2 - 36685
Target 3 - 36575
(Short SL -37150)
*** 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.
Note
Target 1 achieved on the short sideNote
Target 2 achievedNote
Target 3 achievedTrade closed: target reached
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