Important Levels for 02/09/2022.
We witnessed a volatile session but our levels worked wonders and in the end had a good expiry.
For tomorrow, the seller reference zone is 39600-39780 and if we see a flat open and price gets rejected we can witness a good fall. The targets to look forward here are 39100,38952 and final targets of 38796. SL here will be 39800.
If we open with a gap down, then we shall wait to see if the recent buying area of 38796-38952 finds support and if that happens we can take longs with reduced quantity for targets of 39366,39537 and 39775.Sl here can be of 60-80 points and trailed aggressively.
I will be having bearish view unless we break and sustain above today's high.
We witnessed a volatile session but our levels worked wonders and in the end had a good expiry.
For tomorrow, the seller reference zone is 39600-39780 and if we see a flat open and price gets rejected we can witness a good fall. The targets to look forward here are 39100,38952 and final targets of 38796. SL here will be 39800.
If we open with a gap down, then we shall wait to see if the recent buying area of 38796-38952 finds support and if that happens we can take longs with reduced quantity for targets of 39366,39537 and 39775.Sl here can be of 60-80 points and trailed aggressively.
I will be having bearish view unless we break and sustain above today's high.
Trade active:
39600-39450 Partly booked
Trade closed manually:
TSL hit @ 39450