BankNifty Intraday view for 09-12-2021

Good morning all,

Yesterday: After a wait of 2 days, our entry and target was met yesterday.

Today: Today's movement looks like range bound unless 37600 in the north and 36500 in the south is not breached.

So;
Long side view:
Buy above 37600
Target 1 zone 37890 - 38000
TSL above this
Target 2 - 38225
(Long SL - 37380)
---------------
Short side view:
Sell below 36500
Target 1 - 36225
TSL below this
Target 2 zone 36000 - 35890
(Short SL - 36775)

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