BankNifty Intraday view for 26-08-2021
Good evening all,
Like I suggested yesterday, resistance in the form of a range between 35500 - 35900 was maintained by sellers to earn their bread. Tomorrow may not be different and we may have to resort to scraping the barrel.
So:
Long side view:
Buy above 35665
Target 1 zone 35765 - 35810
Target 2 - 35905
(Long SL - 100 points)
---------------
Short side view:
Sell below 35500
Target 1 - 35435
Target 2 zone 35335 - 35305
Target 3 - 35240
(Short SL - 100 points)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Like I suggested yesterday, resistance in the form of a range between 35500 - 35900 was maintained by sellers to earn their bread. Tomorrow may not be different and we may have to resort to scraping the barrel.
So:
Long side view:
Buy above 35665
Target 1 zone 35765 - 35810
Target 2 - 35905
(Long SL - 100 points)
---------------
Short side view:
Sell below 35500
Target 1 - 35435
Target 2 zone 35335 - 35305
Target 3 - 35240
(Short SL - 100 points)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.