Important Levels for 30/08/2022.
Once we break today's high @ 17440, and sustain above it for 15 mins, we can take long positions and look to book complete position at the previous seller reference of 17660-17710. Partial gains to be booked around 17515 and 17615.
I personally wont be shorting the index as to where it stands currently. Scalps can be taken once we break 17350 levels for 17320 and 17290. Today's low @ 17250 can be the final target. SL has to be trailed aggressively for anyone willing to take this trade.
Once we break today's high @ 17440, and sustain above it for 15 mins, we can take long positions and look to book complete position at the previous seller reference of 17660-17710. Partial gains to be booked around 17515 and 17615.
I personally wont be shorting the index as to where it stands currently. Scalps can be taken once we break 17350 levels for 17320 and 17290. Today's low @ 17250 can be the final target. SL has to be trailed aggressively for anyone willing to take this trade.
Trade closed: target reached:
17485-17710