15500 has been defended well till now. Breakout of 15900 or 15750 is required for a new trend. Probability is more on the long side and chances of 15900 breakout is higher. If 15900 breaks 16200 can be taken as next target and if 15750 breaks it could go till 15500 again. Monday there is a good chance of gap up resulting to 16200 on current week.
Trade as per the risk appetite, Spreads are much better to trade as risk is defined
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
Trade as per the risk appetite, Spreads are much better to trade as risk is defined
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.