Sensex - Expiry day analysis May 7

603
The price is at an important level, which will decide the trend direction. The confluence of channel and support/resistance zone is also at 78000.
Buy above 77920 with the stop loss of 77740 for the targets 78040, 78200, 78400, 78540, 78740 and 78900.
Sell below 77500 with the stop loss of 77680 for the targets 77380, 77200, 77040, 76880, 76720 and 76560.
Always do your analysis before taking any trade.
Trade active
Long. T1 done. snapshot

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