Important levels for 26-07-2021.
34900-34930 will be a crucial zone in the next session. Any positive action here an see a bounce till 35120-35150. SL can be kept at 34870.
Price going below it and sustaining we can see 34750 levels followed by the strong support zone at 34580-34650 zones. The SL can be 34930 and our entry can be around 35850.
In case of a massive gap up and we constantly trade above the previous day range then we can look for targets of 35300,35450 and 35550.
In case of a gap down, we can look to take longs at 35750.
Will not be comfortable taking shorts unless we trade below 34500.
34900-34930 will be a crucial zone in the next session. Any positive action here an see a bounce till 35120-35150. SL can be kept at 34870.
Price going below it and sustaining we can see 34750 levels followed by the strong support zone at 34580-34650 zones. The SL can be 34930 and our entry can be around 35850.
In case of a massive gap up and we constantly trade above the previous day range then we can look for targets of 35300,35450 and 35550.
In case of a gap down, we can look to take longs at 35750.
Will not be comfortable taking shorts unless we trade below 34500.
Trade closed: target reached:
Morning Trade: 34750-35000