BNF Intraday view for 14-07-2021
Good evening all,
What a day we had today, Post the huge gap up opening, a marvelous run of 350 points.
For tomorrow, if the market has to go long, it will need to break the 35800 barrier which has been a multiple resistance point since June, post that;
Long side view:
Buy above 35800
Target 1 - 35950
Target 2 - 36050
(SL - 35700)
However, if it breaks the trend line and goes down;
Short Side view:
Sell below 35280
Target 1 - 35050
##Please mind the dynamic trend line passing through the region between 35280 and 35050##
Target 2 - 34950
Target 3 Zone - 34860 to 34780
(SL - 35380)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
What a day we had today, Post the huge gap up opening, a marvelous run of 350 points.
For tomorrow, if the market has to go long, it will need to break the 35800 barrier which has been a multiple resistance point since June, post that;
Long side view:
Buy above 35800
Target 1 - 35950
Target 2 - 36050
(SL - 35700)
However, if it breaks the trend line and goes down;
Short Side view:
Sell below 35280
Target 1 - 35050
##Please mind the dynamic trend line passing through the region between 35280 and 35050##
Target 2 - 34950
Target 3 Zone - 34860 to 34780
(SL - 35380)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
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