Price action is trending in a downside channel. Also it has formed a range 16950 – 17120. Choppy movement is expected if price stays within the range and channel. If price sustains above 17210, it will move towards 17240, 17290 and 17320. If it stays below 17090 – 17120, then it will move towards 17060,17020 and 16980.
Note : Price moving inside a channel has created a choppy move and caution is needed to trade on expiry day.
Note : Price moving inside a channel has created a choppy move and caution is needed to trade on expiry day.
Comment:
Check from which level price is falling.
Trade active:
Short
Comment:
17060 done.
Comment:
17020 done.
Trade closed: target reached:
All targets done.
