Monthly - Key Resistance at 27300 became Key Support now for shorter time.
Game plan for tomorrow(10/11/2020):
- Price value relationship indicating higher value. Market can be breakout/ranging.
- Trade Plan A: Any price action seen at 27225 - 27265 go for long with target of 27390, 27570
- Trade Plan B: Any price action seen at 27370 - 27410 can go for long with target of 27570, 27680
- Trade Plan C: Any price action seen at 27800 - 27840 can go for short with target of 27680, 27570
- Trade Plan D: Any price action seen at 27660 - 27700 can go for short with target of 27570, 27390, 27245
- Trade Plan E: Aggressive longs can take if price goes above 27820 with target of 28070
- Trade Plan F: Aggressive shorts can take if price goes below 27245 with target of 26990
My trade will be short CE's or buy PE's as per Plan C/D.
Please zoom-in to see levels on chart
Don't forget to follow, if you make some bucks with these levels :)
All levels are as per spot. Anything can happen. Please have a proper risk management. Happy trading.