The Index is trading near the window, if the index closes below the window we will see some selling coming in the index; if the index is able to take support at this level a bounce back will be seen.

We will go on the sell side in any condition if the index closes below the horizontal line selling can be done for the lower support of the window.

If the Index closes below the window we can trail SL and hold a short position.

Sl if it closes below the horizontal line will be 6930 with the Tp of 6880-60.

FR40

Dec 14 2021