Important Levels for 28-12-2021.
Once we start trading above the trend line after we open flat or with a small gap down, we can take longs with SL of 50-60 points and aim for targets of 35290,35360 and 35480. But if we start moving down, 34900-34990 can act as good support area and we can take longs here with SL at 34900 and aim for targets of 35100,35190 and 35260.
If we see a big gap down, we can wait for price action at the next support area of 34670-34780 and then plan trades accordingly.
Similarly if we see a big gap up, we can hit the resistance zones marked but it will be safe bet to wait and see if we develop a -ve price action before jumping on to trades on the short side.
OI data is more or less neutral.


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