Hammer at previous top level.
Low of the hammer is very important as it has above average volume.
If this low goes it may find support at 17550-17600.
However, if the High is taken out tomorrow, then Target is 18000.
Decision : Buying the dip as trend is still Bullish and will look for buying on a dip.
else if the candle closes below low of hammer, will look to sell 17850/17800 CE
Plan your Trade and Trade your Plan !!!
Low of the hammer is very important as it has above average volume.
If this low goes it may find support at 17550-17600.
However, if the High is taken out tomorrow, then Target is 18000.
Decision : Buying the dip as trend is still Bullish and will look for buying on a dip.
else if the candle closes below low of hammer, will look to sell 17850/17800 CE
Plan your Trade and Trade your Plan !!!