ChartMantra

BNF Intraday view for 06-07-2021

ChartMantra Updated   
NSE:BANKNIFTY   Nifty Bank Index
Good evening,

For tomorrow, my view is slightly on the neutral side as the level that BNF has reached is a strong PRZ. We may see a reversal from this point. If we do...

Short entry is at 35100
Target 1 - 35000
Target 2 - 34900
Target 3 - 34700 to 34650

However, if the market carries today's sentiment and sustains over 35300, then we'll see

Long entry is at 35300
Target 1 - 35400-35450
Target 2 - 35550

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Comment:
Today was jackpot run of 500 points. Both targets on the long side achieved
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