TradingView
ChartMantra
Aug 2, 2021 2:33 PM

BankNifty Intraday view for 03-08-2021 Long

Nifty Bank IndexNSE

Description

Good evening all,
Despite the mostly sideways market today, we were able to reach the first target. For tomorrow again, my view stays on being 'Long' as the trend of making higher lows continues:

Long side view:
Buy above 34860
Target 1 34940 - 34950
Target 2 zone 35050 - 35200
Long Target 3 - 35340
above this, trail your SL
(Long SL - 34750)
---------------
Short side view:
Sell below 34440
Target 1 - 34365
Target 2 zone 34255 - 34215
Target 3 - 34115
(Short SL - 34570)

*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.

Trade closed: target reached

First Target achieved

Trade closed: target reached

Second target reached

Comment

Entire 2nd target zone covered and reversed from there
Comments
upsidedown093
you got any references for harmonics...would love to have some
ChartMantra
@upsidedown093,

1st reference....... Don't watch YT or read up anything..... They hide more than they tell you.
2nd reference..... Without being presumptuous, it is a mix or math and practice.
upsidedown093
@ChartMantra, well im good at math...and i'll wait for your session..thanks
ChartMantra
@upsidedown093, Touche to that
upsidedown093
@ChartMantra, haa..right back at ya..
Adityavardhan7
Your harmonic is 100% accurate and has worked point to point. Would love to learn harmonic from you
ChartMantra
@Adityavardhan7, Thank you. One of these days, I am going to an conduct an interactive session to collaborate on thoughts. Let me know if you'd be interested
Adityavardhan7
@ChartMantra, I am pretty much interested in the session. Kindly share the details
ChartMantra
@Adityavardhan7, Sure. Will keep you posted.
upsidedown093
@ChartMantra, Yes sir...thats what im asking.
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