BANK NIFTY
Important Levels for 15-07-2021.
35715 once broken with volumes can test 35580-35600 levels followed by 35500, else any positive price action at 35710 can be a risky buy for targets of 35840-35880 as the option data suggests good call addition at 35700+ levels.
On the upside, will prefer to wait till the resistance zone (35800-35830 in spot) is cleared off before taking any longs.
Still will go in tomorrow with a negative bias and trade as per the data coming in.
Trade carefully!!!
35715 once broken with volumes can test 35580-35600 levels followed by 35500, else any positive price action at 35710 can be a risky buy for targets of 35840-35880 as the option data suggests good call addition at 35700+ levels.
On the upside, will prefer to wait till the resistance zone (35800-35830 in spot) is cleared off before taking any longs.
Still will go in tomorrow with a negative bias and trade as per the data coming in.
Trade carefully!!!
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