Please refer Chart which shows wider Range from 43500 to 44500 level.
Break of it can give us Trending movement positional.
Intraday is trickiest part which needs money management & right Entry.
Major Intraday Resistance is 44100 level, above it we can trade short covering moves till 44450 level, if Index opens flat with +/- 50 points.
Acc. to XABCD pattern, we can see 0.886 level in 44400/450 area.
If opens gap up & reach this area, we can plan Shorts but entry must be acc. to price action formation. Switch to 5 min chart, look for M pattern & enter below swing low with SL @ high.
Target 44100/150 area.
We have both plan.
Break of it can give us Trending movement positional.
Intraday is trickiest part which needs money management & right Entry.
Major Intraday Resistance is 44100 level, above it we can trade short covering moves till 44450 level, if Index opens flat with +/- 50 points.
Acc. to XABCD pattern, we can see 0.886 level in 44400/450 area.
If opens gap up & reach this area, we can plan Shorts but entry must be acc. to price action formation. Switch to 5 min chart, look for M pattern & enter below swing low with SL @ high.
Target 44100/150 area.
We have both plan.