BANK NIFTY
Updated
Important Levels for 08-06-2021.
Effects of margin rule can be seen from declining volumes.
Market has been in a tight range for a while and we can see a 1000+ point rally in either direction but I have a negative bias.
Looks good to short below 35500 for targets of 35360, 35250 and 35150.
Longs only above 35890.
Effects of margin rule can be seen from declining volumes.
Market has been in a tight range for a while and we can see a 1000+ point rally in either direction but I have a negative bias.
Looks good to short below 35500 for targets of 35360, 35250 and 35150.
Longs only above 35890.
Trade closed: target reached
Played nicely to our levels, booked profits
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