The Index is trading just above the support zone, there is an opportunity to enter in the index on either side. If the Index closes above the blue line marked on the chart we can expect that the index cantrade higher and if the index closes below the red line marked on the chart we can expect the index to correct ahead.

The Only condition which follows for the confirmation would be the EMA. If the index closes above the higher level the EMA should support the trend and the prices should trade above the EMA and vice versa for the downside.

DMI is indicating a flat market and ADX is pointing downside which suggest to stay out of market for a while once a crossover is seen and its support by the Adx we will get another confirmation, for the upside the DMI + should trade above the DMI-

and for the downside the DMI- should trade above the DMI+, The ADX should trade above the DMI for strengthening the strength.

Avoid taking entry on the buy side if the RSI is 80+ and on downside if RSI below 18

Expecting the breakout on the upside.

Advice : Opportunity ahead only enter if the following conditions are fulfill.

Opportunity

Sep 23 2021