Important levels for 27/10/2022.
Last sessions low and the seller reference zone 41293-41353 will be important levels to watch out for. If we open flat and break PDL @ 41035, we can short and look for targets of 40852 and the old buyer reference zones of 40666-40733.
If we see a gap up open around the seller reference zone (41293-41353) we can again look to sell as the sellers can look to defend and we expect to see a good fall from these levels. If we take trades here, our initial targets will be PDL followed by above mentioned targets.
For longs, we will only buy if we see big gap down, else longs can be avoided. Will update here if we see some good scalping opportunities.
Last sessions low and the seller reference zone 41293-41353 will be important levels to watch out for. If we open flat and break PDL @ 41035, we can short and look for targets of 40852 and the old buyer reference zones of 40666-40733.
If we see a gap up open around the seller reference zone (41293-41353) we can again look to sell as the sellers can look to defend and we expect to see a good fall from these levels. If we take trades here, our initial targets will be PDL followed by above mentioned targets.
For longs, we will only buy if we see big gap down, else longs can be avoided. Will update here if we see some good scalping opportunities.