NIFTY

Updated
Important levels for 13/10/2022.
We are not seeing any definitive trend in the index with the prices not being able to break out of the bigger range.
For tomorrow, if we see a flat opening, i am expecting a pullback till 17050 levels. If that happens we can take longs with a 15-20 point SL and aim for 17133 as our initial target and sustaining above it we can see the seller reference zone of 17195-17239.
For short side trades at CMP i am not seeing any nice setup with good RR, so would most likely give it a miss unless we see a major gap at the open.
Expecting some scalps tomorrow and not expecting a wildly trending expiry.
Trade closed: stop reached
Longs taken hit the SL
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