Nifty Bank IndexLong
BANK NIFTY
Updated
Important Levels for 31-08-2021.
We had a beautiful trending day and the cheery on the top was a closing almost at the top.
Once we open flat and cross 36450 we can see a very nice up move till 36800 levels, we can place our SL somewhere below 35370. Also any dips till 35250-35270 can be bought for initial targets of 35450.
No shorts unless we open with a massive gap up.
Option data do suggests 37000 might be a possibility this week.
We had a beautiful trending day and the cheery on the top was a closing almost at the top.
Once we open flat and cross 36450 we can see a very nice up move till 36800 levels, we can place our SL somewhere below 35370. Also any dips till 35250-35270 can be bought for initial targets of 35450.
No shorts unless we open with a massive gap up.
Option data do suggests 37000 might be a possibility this week.
Trade closed: target reached
Swift up move 140 points booked
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.