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deepss4u
Aug 15, 2022 6:16 PM

NIFTY Long

S&P CNX NIFTY INDEX FUTURESNSE

Description

Important Levels for 16/08/2022.
Clearly the index where i will be placing my bets on the long side.
Once we break PDH @ 17753 and sustain above it for complete 5 mins, we can take longs with SL of 17730 for targets of 17795,17805 and 17830.
Shorting is out of question if we open flat or with a gap down.
If we see a big gap up (as can be seen now as per SGX), will wait for sustenance above 17830 and then take longs for targets of 17865.17900 and 17930.
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