Important Level for 24-08-2021
The index looks to be stuck inside a range between 34850-35300. We shall be having trading opportunity on either side of the range.
Once the price sustains and stays above 35350, we can take longs with SL of 35280 for targets of 35500,35650.
Price below 34850, will test 34650.
Option chain shows maximum call and put writing at 35000.
The index looks to be stuck inside a range between 34850-35300. We shall be having trading opportunity on either side of the range.
Once the price sustains and stays above 35350, we can take longs with SL of 35280 for targets of 35500,35650.
Price below 34850, will test 34650.
Option chain shows maximum call and put writing at 35000.
Trade closed: target reached:
35350-35650 done