Important Levels for 02-08-2021
The range of 15800-15830 has to be treated as a NO TRADE ZONE strictly.
The best trade looks a short at 15800 levels for targets of 15760, 15735 and 15700. SL will be at 15830.
If we open gap down we wait for the price to settle and enter at any of our previous mentioned targets upon seeing any -ve price action for the lower levels.
Price can taken support at 15620-15640 if we open with a big gap down.
The range of 15800-15830 has to be treated as a NO TRADE ZONE strictly.
The best trade looks a short at 15800 levels for targets of 15760, 15735 and 15700. SL will be at 15830.
If we open gap down we wait for the price to settle and enter at any of our previous mentioned targets upon seeing any -ve price action for the lower levels.
Price can taken support at 15620-15640 if we open with a big gap down.