BankNifty Intraday view for 27-08-2021
Good evening all,
Today we did scrape the barrel but did make 100 points on the long side. And if you look at the chart, tomorrow will be similar. A range between 25500 and 35800. But despair not, this is just the calm before the September storm. Then, we will have the index move the way like it...... Volatile.
So:
Long side view:
Buy above 35800
Target 1 - 35900
Target 2 - 36000
(Long SL - 35650)
---------------
Short side view:
Sell below 35495
Target 1 - 35405
Target 2 - 35305
(Short SL - 35650)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Today we did scrape the barrel but did make 100 points on the long side. And if you look at the chart, tomorrow will be similar. A range between 25500 and 35800. But despair not, this is just the calm before the September storm. Then, we will have the index move the way like it...... Volatile.
So:
Long side view:
Buy above 35800
Target 1 - 35900
Target 2 - 36000
(Long SL - 35650)
---------------
Short side view:
Sell below 35495
Target 1 - 35405
Target 2 - 35305
(Short SL - 35650)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
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