Bank Nifty Spot Levels to watch out for trading on 9th Aug 2021
Long Opportunity: [Buy BankNifty Future or Short ATM PUT Option]
1. Price breaks out of 36100 and retests the level again is a good support to go long
Short Opportunity: [Short BankNifty Future or Short ATM Call Option]
1. Gap down opens below 35690 and stays below 35690 for some time and retested back the 35690 levels is a good resistance zone to short Bank Nifty.
Long Opportunity: [Buy BankNifty Future or Short ATM PUT Option]
1. Price breaks out of 36100 and retests the level again is a good support to go long
Short Opportunity: [Short BankNifty Future or Short ATM Call Option]
1. Gap down opens below 35690 and stays below 35690 for some time and retested back the 35690 levels is a good resistance zone to short Bank Nifty.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.