BANK NIFTY
Important levels for 11-06-2021.
An unexpected turnaround from what we saw yesterday.
Look to go for longs if you get the chance at 35040-35080 levels on a pullback for targets of 35375 and 35535. If 35080 levels does not come then 35190 can also be considered to take longs but for the same targets mentioned.
In case of a big gap up 35550 can be a good place to short but only after seeing the price action, if price sustains above 35550 bank nifty futures will be mega bullish.
Short only if price sustains below 35050 levels for target of 34900 and 34850.
Trade carefully.
An unexpected turnaround from what we saw yesterday.
Look to go for longs if you get the chance at 35040-35080 levels on a pullback for targets of 35375 and 35535. If 35080 levels does not come then 35190 can also be considered to take longs but for the same targets mentioned.
In case of a big gap up 35550 can be a good place to short but only after seeing the price action, if price sustains above 35550 bank nifty futures will be mega bullish.
Short only if price sustains below 35050 levels for target of 34900 and 34850.
Trade carefully.
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