NIFTY
Important Levels for 07-10-2021.
We had decided we will not be taking shorts unless we see price sustaining below 17590 and we might see it happening tomorrow.
If we open flat and continue trading below 17590 we can take positions with SL of 17620 for potential targets of 17540,17510 and 17460.
If we see a small gap up, then we can take enter shorts with a small quantity at 17630 with SL of 17660 and add more quantity with price below 17590.
Option data suggests 17500 to be a major support for this expiry.
We had decided we will not be taking shorts unless we see price sustaining below 17590 and we might see it happening tomorrow.
If we open flat and continue trading below 17590 we can take positions with SL of 17620 for potential targets of 17540,17510 and 17460.
If we see a small gap up, then we can take enter shorts with a small quantity at 17630 with SL of 17660 and add more quantity with price below 17590.
Option data suggests 17500 to be a major support for this expiry.
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