Important levels for 14/09/2022.
Whatever we are seeing in the global markets at this point of time is super negativity but we should not consider these things as these are completely out of our control and one piece of advice please do not close your eyes and short as what we are seeing in our index of concern is a very nice uptrend.
From the looks of it, we are seeing a gap down opening tomorrow and once that happens the first 15 minutes will be really crucial and i would not be placing my bets on the shorter side in case of a big gap down.
39302-39591 is an important buyer reference area and once we see VA of tomorrow developing around these areas we can look for longs for targets of 40030-40080. Once we sustain above these zones all we need to do is keep trailing our SL.
But if we break 39300 then will short with 50% of normal sizing for targets of 38955,38828 and 38600.
Whatever we are seeing in the global markets at this point of time is super negativity but we should not consider these things as these are completely out of our control and one piece of advice please do not close your eyes and short as what we are seeing in our index of concern is a very nice uptrend.
From the looks of it, we are seeing a gap down opening tomorrow and once that happens the first 15 minutes will be really crucial and i would not be placing my bets on the shorter side in case of a big gap down.
39302-39591 is an important buyer reference area and once we see VA of tomorrow developing around these areas we can look for longs for targets of 40030-40080. Once we sustain above these zones all we need to do is keep trailing our SL.
But if we break 39300 then will short with 50% of normal sizing for targets of 38955,38828 and 38600.
Comment:
Also all important buyer references are marked in green, if the price finds support at any of these zones we can also plan for longs.
Comment:
Will look to short below 40785.
SL:40845
T1: 40630
SL:40845
T1: 40630
Order cancelled:
The levels for the short didnt come and now it stands cancelled