l HTF trend is still bullish but, there is a DOJI again which means, will need confirmation on Wednesday for direction. So, wait and watch before taking trade.
l Pivot analysis infers bearish bias and will be a very high probable trending day. But, with less conviction since ADR is not aligning with CPR width.
VERDICT
WAIT & Watch to infer direction. Market will TREND and I am BEARISH currently. Wait till market forms a structure above or below CPR.
15600 may be good buying levels but, sellers may overwhelm and take it to 15500 levels and 15750 may be good level to sell.
1. Any bullish PA above 15643 level is a long with stop of 15625 and target of 15681. 2. Any bullish PA at 15708 is long with stop of 15686 and target of 15749. 3. Aggressive longs above 15774 only with stop of 15752 and target of 15819. 4. Any bearish PA below 15730 is a short with stop of 15746 and target of 15697 5. Aggressive shorts below 15584 with stop of 15605 and target of 15541 .
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.