Reliance near the trend line on 1D timeframe
RELIANCE near the trend line.
There can be an entry for Intra-day traders for both long and short position.
For Swing traders, wait for the price action to be formed. Buy calls if you find a green candle breaking the trend line. First target can be 2672 ~ for swing traders and the second target can be ~2800 if the market sustains the momentum.
For Intra-day traders you can short puts if you see a red candle tomorrow or go long if the trend line breaks in 1st hour of the session tomorrow.
Cheers. Happy Trading...
There can be an entry for Intra-day traders for both long and short position.
For Swing traders, wait for the price action to be formed. Buy calls if you find a green candle breaking the trend line. First target can be 2672 ~ for swing traders and the second target can be ~2800 if the market sustains the momentum.
For Intra-day traders you can short puts if you see a red candle tomorrow or go long if the trend line breaks in 1st hour of the session tomorrow.
Cheers. Happy Trading...
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