Important Levels for 28/10/2022.
The late up move was nearly of 70 points but lacks the volumes needed for it to be sustainable. Tomorrow, if we see a flat open we can expect a fall till PDL @ 17654. If we see a gap down, shorts to be taken only below 17636.
For longs I personally am a bit skeptical as there are lots of seller zones and we do not see any proper set up at CMP.
The late up move was nearly of 70 points but lacks the volumes needed for it to be sustainable. Tomorrow, if we see a flat open we can expect a fall till PDL @ 17654. If we see a gap down, shorts to be taken only below 17636.
For longs I personally am a bit skeptical as there are lots of seller zones and we do not see any proper set up at CMP.