BankNifty Intraday view for 23-09-2021

Good afternoon all,

Today: Like I mentioned yesterday, the range will be between 37400 and 36900......And it was. Also, today emphasized the importance of a correct entry and later exit. Jumping into a position is never a good idea and will never be.

Tomorrow: Today suggests a downward movement for tomorrow barring the last 15M candle. Hence, we stick to our short entry of 36865 and if it does break that level down and sustain, 36700 should not be a problem. we may even see the 36525 level from yesterday.

So;
Long side view:
Buy above 37220
Target 1 zone 37315 - 37330
Above this TSL
(Long SL - 37100)
---------------
Short side view:
Sell below 36865
Target 1 zone 36695 - 36670
Below this TSL
Target 2 zone 36620 - 36590
Target 3 - 36525
(Short SL - 37000)

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