For long (long term buyers) : can accumulate at this level.
For short (only for Futures & Option Traders) : can take short position, if price closes below 101 on daily timeframe, SL @ 103.75, TGT1 : 98.80, TGT2 : 95.80. Please choose next month expiry for positional trades.
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
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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.