ChartMantra

BankNifty Intraday view for 06-10-2021

NSE:BANKNIFTY   Nifty Bank Index
Good morning all,

Nothing has changed over the past 2 days mon the long side. We still wait for mount 38000. Till then look south. Downward, our levels have moved. We can now look at an entry at 37315 and potentially see a good fall of around 200-300 points. But today is Wednesday, premium eating day..... So be careful of the range.

So;
Long side view:
No clear levels up until 38000
---------------
Short side view:
Sell below 37315
Target 1 - 37050
TSL below this
Target 2 zone 36885
(Short SL - 37530)

*** This is a view and not necessarily a trade recommendation ***
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