At 9:45 AM ,
We opened close to previous day close and
ORB says 5289-5302.
Also developing hour hour low ema is at 5289 .
30 min ema is also at 5287.
Support for the day lies at 5287 lvls and if we break this , then shorts can be taken with day high as SL.
Yesterdays high is 5307 breaking this lvl would suggest some upside so Longs can be taken with day low as SL .
Drawing TLs on different TFs and using that as trailing SL helps
P.S.I am not trading today , due to some personal work .
We opened close to previous day close and
ORB says 5289-5302.
Also developing hour hour low ema is at 5289 .
30 min ema is also at 5287.
Support for the day lies at 5287 lvls and if we break this , then shorts can be taken with day high as SL.
Yesterdays high is 5307 breaking this lvl would suggest some upside so Longs can be taken with day low as SL .
Drawing TLs on different TFs and using that as trailing SL helps
P.S.I am not trading today , due to some personal work .
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