Important levels for 06/09/2022. Bank Nifty managed to break out of the range and close above it, but Nifty is still stuck. For tomorrow, longs can be taken above 17735, with a 20-25 point SL for initial targets of the previous seller reference of 17796-17843. On the sell side, will short only below 17650 for targets of 17580,17543 and 17496. Sl for this trade will be 15-20 points only. 17650-17735 shall be treated as a strictly NO TRADE ZONE.
Trade active
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17650 short trade executed
Trade closed manually
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TSL hit @ cost, missed initial target by 20 points