BankNifty Intraday view for 11-10-2021

アップデート済
Good evening all,

Friday: It was equally bad as Thursday. Stuck within a range of 375 points on a 14 day ATR is of 550. Something should give this week.

Tomorrow: Dynamic support trend line being respected is a good sign for the index move up. Again, ONLY if 38100 is breached. We will this time enter at 38120 to see 38265 and then a 100 - 300 point move. The same trend line also provides us with an opportunity to go south. From 37680 to all the way 37000.

So;
Long side view:
Buy above 38120
Long Target 1 - 38260
TSL above this
Target 2 - 38375
Target 3 - 38570
(Long SL - 37950)
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Short side view:
Sell below 37680
Short Target 1 zone 37450 - 37315
TSL below this
Target 2 - 38200
(Short SL - 37850)

*** 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.
ノート
Long Target 1 achieved
ノート
Long Target 2 achieved
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