If it open below 1660 and breaks 1660 levels and trade above it then it will be a entry point for buy trade. And if it faces resistance then it will be short trade but short below 1655. If tomorrow, it comes to test 1630 level and gets support then it will be a good entry for buy trade. Book Partial profit on 1648 quickly on either side of the trade.
All the higher level will work as resistance to short from the top.
But always follow levels to trade. Keep your SL. All levels will work as resistance, support, entry & exit point on particular day w.r.t price action near that level.
I will be posting further trade setup for tomorrow.
Hope you had good trading day Today.
swathikonakanchi
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@Trading_hawk, Can you please provide Analysis for tomorrow on this stock
Trading_hawk
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@swathikonakanchi,
Hi
Levels remains the same.
These levels will act as support, resistance, entry and exit point w.r.t to how price action will work tomorrow near that level.
swathikonakanchi
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@Trading_hawk, i have this in Aug futures 1630 can i hold it or book loss can you share your views