BankNifty Intraday view for 22-09-2021
Good evening all,
Today: Expected move of 500 points after the break down of 37000 and reversed from a point where we did not expect it to. But that's BankNifty for you.
Tomorrow: Post today's reversal, the entry point was at 36865 and has crossed two PRZs. We are now at a brink and waiting for 37340 to be breached, if it does, expect a ~200 point move. However, if it does not, we may see a range between 37400 - 36900
So;
Long side view:
Buy above 37340
Target 1 - 37445
Above this TSL
Target 2 zone 37560 - 37610
(Long SL - 150 points below entry)
---------------
Short side view:
Sell below 36865
Target 1 - 36670
Below this TSL
Target 2 - 36525
(Short SL - 150 points above entry)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
Today: Expected move of 500 points after the break down of 37000 and reversed from a point where we did not expect it to. But that's BankNifty for you.
Tomorrow: Post today's reversal, the entry point was at 36865 and has crossed two PRZs. We are now at a brink and waiting for 37340 to be breached, if it does, expect a ~200 point move. However, if it does not, we may see a range between 37400 - 36900
So;
Long side view:
Buy above 37340
Target 1 - 37445
Above this TSL
Target 2 zone 37560 - 37610
(Long SL - 150 points below entry)
---------------
Short side view:
Sell below 36865
Target 1 - 36670
Below this TSL
Target 2 - 36525
(Short SL - 150 points above entry)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and 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.