Important levels for 16/11/2022.
We witnessed heavy buying volumes in the last 30 mins and tomorrow if we see any flat opening, any dips till 18430 can be bought and with a SL of 25 points we can trail our long positions for targets of the old seller reference zone 18521-18543 followed by 18592.
Shorts can be taken only if we see a big gap up and open near the seller reference area, this would be low probability trade so safe traders can avoid this.
Expecting tomorrow to be a trending day and a new ATH this expiry looks a possibility.
We witnessed heavy buying volumes in the last 30 mins and tomorrow if we see any flat opening, any dips till 18430 can be bought and with a SL of 25 points we can trail our long positions for targets of the old seller reference zone 18521-18543 followed by 18592.
Shorts can be taken only if we see a big gap up and open near the seller reference area, this would be low probability trade so safe traders can avoid this.
Expecting tomorrow to be a trending day and a new ATH this expiry looks a possibility.