Legend says that on Saint John's Eve, humans can enter the magical world of elves and fairies. Elena, a smart, dreamy little girl, doesn't believe in legends, but her father, Duke Theseus, is very ill and she would do anything to restore his health, so she begins a search for Titania, Queen of the Fairies, accompanied by Banker Demetrio and Lisandro, who does everything possible to win her affection. Based on William Shakespeare's play.

A well-bred, lovely, spiritual, sad young woman marries an attentive physician who loves her. She feels affection but no love. Soon after, without design, she falls in love with Pedro Abrunhosa, a poet and performance artist. He also loves her. She keeps her distance from him, confessing her love to a friend who is a nun and, later, to her husband. Hunger for her love and jealousy consume him; she attends him as he wastes away. With his death, she can marry and express her passion, but what she does and how she explains herself, particularly to her cloistered friend, is at the heart of the film. Glimpses of convent life and of Abrunhosa on stage give contrast and mute comment.