Important Levels for 12-11-2021.
A gap down opening, an immediate sell off and then stuck inside a small range.
If we see a small gap up and we move upwards longs can be taken if we sustain above 17955, with a SL of 20-25 points for targets of 18000,18025 and 18075.
On the downside we have seen good buying whenever the prices have gone down and tomorrow if we have a gap down and we breach 17775 and sustain below it for 10-15 minutes, we can take shorts with a 20 point SL and aim for targets of 17730,17700 and 17650.
A gap down opening, an immediate sell off and then stuck inside a small range.
If we see a small gap up and we move upwards longs can be taken if we sustain above 17955, with a SL of 20-25 points for targets of 18000,18025 and 18075.
On the downside we have seen good buying whenever the prices have gone down and tomorrow if we have a gap down and we breach 17775 and sustain below it for 10-15 minutes, we can take shorts with a 20 point SL and aim for targets of 17730,17700 and 17650.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.