Nifty index has broken the upwards parallel channel and could drop further. One can short-sell Nifty futures at17600 with a SL at 17720. If trades above 17720, one can reverse position for a target of 18000. Aggressive traders can short at current level with hedge
Comment:
Stop Loss triggered. Go long for a target of 18000 futures
Comment:
If Long (I did not go Long), the target is 17995 Futures
Comment:
Sorry, 18223 futures is the target for 11 October, 2021 only. Will update tomorrow EOD