Trade setups for 28 Dec 2020
If market has a gap up opening then look to go long on sustaining above BUY ZONE 1. You can even plan for a shorting opportunity with first target of BUY ZONE 1.
If Buy Zone 1 is not sustained or market opened below this levels we can go short with target at BUY ZONE 2 & BUY ZONE 3.
We can expect bulls to rebound back from Buy zone 3 if there is a gap down, incase if BUY ZONE 3 is not sustained then we can expect possible downside till 13475.
If Gap up then we can go long at BUYZONE 1 and book targets as marked on charts.