Important Levels for 22-07-2021.
Price going below today's low of 34440 and sustaining for 15 mins minimum we can see a rapid fall till 34320-34330 levels and if we still have a bearish momentum we can tag 34200-34240 zones intraday.
With large volumes of call addition at 34500 and some put unwinding at 34000 levels down move is more likely.
Longs should be strictly avoided for the time being.
Price going below today's low of 34440 and sustaining for 15 mins minimum we can see a rapid fall till 34320-34330 levels and if we still have a bearish momentum we can tag 34200-34240 zones intraday.
With large volumes of call addition at 34500 and some put unwinding at 34000 levels down move is more likely.
Longs should be strictly avoided for the time being.