Good evening all,
All our levels were invalidated due to the huge gap down opening. Tomorrow we will probably see a range between 35800 and 34800 and on either side, the views are as follows;
Long side view:
Buy above 35140
Target 1 zone - 35300 to 35350
Target 2 - 35400
Target 3 - 35469
On the other side;
Short Side view:
Sell below 34850
Target 1 - 34700
Target 2 - 34630
Target 3 - 34525
On either side, 100 point stop loss is a good idea, providing you a RR of atleast 1:1
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
All our levels were invalidated due to the huge gap down opening. Tomorrow we will probably see a range between 35800 and 34800 and on either side, the views are as follows;
Long side view:
Buy above 35140
Target 1 zone - 35300 to 35350
Target 2 - 35400
Target 3 - 35469
On the other side;
Short Side view:
Sell below 34850
Target 1 - 34700
Target 2 - 34630
Target 3 - 34525
On either side, 100 point stop loss is a good idea, providing you a RR of atleast 1:1
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Trade closed: target reached:
I am done for the day...... Jackpotttttt. All 3 targets achieved