Important Levels for 04-10-2021
The way the price reacted every time it went into our marked support zone and that too with good volumes and the positive price action most likely suggests we can see the index moving up.
Aggressive players can buy at dips till 17500-17510 with SL of 17485 for targets of 17545,17560 and 17580.
If we see further dip the next support zone is 17430-17460 and we can expect a bounce from here till 17500 and higher levels but if we manage to go below 17430 the we can short for big targets of 17360 and 17320. SL can be placed at 17465.
The way the price reacted every time it went into our marked support zone and that too with good volumes and the positive price action most likely suggests we can see the index moving up.
Aggressive players can buy at dips till 17500-17510 with SL of 17485 for targets of 17545,17560 and 17580.
If we see further dip the next support zone is 17430-17460 and we can expect a bounce from here till 17500 and higher levels but if we manage to go below 17430 the we can short for big targets of 17360 and 17320. SL can be placed at 17465.
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