As per the Chart, Crude nevel level 6600 will be a good buy zone and from that level it should retrace as per price action.
It will be a better risk reward trader if we get an opportunity to buy at 6600 for this expiry
HDFC Bank has to Retrace upto 1260 before it break down for healthier correction.
Also it took 200 EMA support. Not an easy way to break down next day.
Hope it should Retrace for better price correction.
Fin Nifty Retracement towards 19800 and from their Break down is possible by next week.
Hope market will not go down in a straight line as it has to Retrace and only then it can break down for healthier correction. This is my personal view.
NIFTY Trendline break out will be positive for LONG under DAY CHART.
Else it will be a Retracement after touching the Resistance.
With long tail taking support from 50 EMA.. it should bounce back before it can breakdown
LIC HOUSING Inching towards 470 target as per Day chart with better volume.
Option trader can have better risk reward with 460 CE for AUG month expiry with strict stop loss as per their Risk Management