BankNifty Intraday view for 30-09-2021
Good evening all,
Today: As expected the market was in range because the overtime run yesterday. Even sellers have to earn right.
Tomorrow: Monthly expiry.... Buyers or Sellers? My guess is Sellers again tomorrow and a range between 38115 and 37300. I these 2 levels breach, then we get some movement. More on the south side than in the north.
So;
Long side view:
Buy above 38115
Target 1 zone 38300 - 38380
Above this TSL
(Long SL - 37925)
---------------
Short side view:
Sell below 37300
Target 1 - 36920
TSL below this
Target 2 zone 36595 - 36525
(Short SL - 37620)
*** 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: As expected the market was in range because the overtime run yesterday. Even sellers have to earn right.
Tomorrow: Monthly expiry.... Buyers or Sellers? My guess is Sellers again tomorrow and a range between 38115 and 37300. I these 2 levels breach, then we get some movement. More on the south side than in the north.
So;
Long side view:
Buy above 38115
Target 1 zone 38300 - 38380
Above this TSL
(Long SL - 37925)
---------------
Short side view:
Sell below 37300
Target 1 - 36920
TSL below this
Target 2 zone 36595 - 36525
(Short SL - 37620)
*** 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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