Important Levels for 06-08-2021
A gap up open and 16335-16350 can be used to enter into short position for targets of 16290-16300, SL can be a max of 15 points, a risky trade but a risk worth taking. ONLY IF WE OPEN GAP UP.
Longs if we open down or flat and slowly cross 15295-15300 with good volumes for targets of 16335, 16350 and 16380. SL will be at 16275.
A gap up open and 16335-16350 can be used to enter into short position for targets of 16290-16300, SL can be a max of 15 points, a risky trade but a risk worth taking. ONLY IF WE OPEN GAP UP.
Longs if we open down or flat and slowly cross 15295-15300 with good volumes for targets of 16335, 16350 and 16380. SL will be at 16275.