NIFTY17
Important Levels for 08-10-2021.
We did see rejection again from yesterday's high.
If we open flat or with a small gap up, once we clear 17880, we can take longs for targets of 17910,17930 and 17950. SL can be placed at 17860.
If we see a massive gap up, 17950+ levels can be a good entry for shorts id we see any -ve price action supported by volumes for targets of 17900,17880 and 17840. SL will be of 15-20 points max.
17760-17800 will be a good support zone and we expect a bounce from these levels, but if we sustain below this zone we can short for targets of 17730,17700 and 17670. SL can be placed at 17800.
We did see rejection again from yesterday's high.
If we open flat or with a small gap up, once we clear 17880, we can take longs for targets of 17910,17930 and 17950. SL can be placed at 17860.
If we see a massive gap up, 17950+ levels can be a good entry for shorts id we see any -ve price action supported by volumes for targets of 17900,17880 and 17840. SL will be of 15-20 points max.
17760-17800 will be a good support zone and we expect a bounce from these levels, but if we sustain below this zone we can short for targets of 17730,17700 and 17670. SL can be placed at 17800.
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