Important levels for 03/10/2022.
For Nifty, there has been hardly any change in the composite VA for the week and with prices currently above it and below last session's VA, not taking any trades is the best trade.
Once we break and sustain above PDH @ 17209, we can take longs for targets of 17319 followed by the old seller reference of 17448-17473.
Similarly on the short side, once we break 16983 we can look for targets of the buyer reference of 16788-16826 followed by PDL and the old buyer references of 16751-16765.
For Nifty, there has been hardly any change in the composite VA for the week and with prices currently above it and below last session's VA, not taking any trades is the best trade.
Once we break and sustain above PDH @ 17209, we can take longs for targets of 17319 followed by the old seller reference of 17448-17473.
Similarly on the short side, once we break 16983 we can look for targets of the buyer reference of 16788-16826 followed by PDL and the old buyer references of 16751-16765.
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