price touched a new high then fall from top & closed inside the parallel sideways channel, on day chart a shooting star type candle formed which signifies price reversal, so on monday i.e. 11/11/2024 price 1590 below 15min candle closes sell for 15-20points,if goes down further then trail, and there's a chance of price reversal from 1566-1575 but if price coming from 1610/1615 then these levels may not meet,
for any buying let price close above 1620 risky traders and safe traders can buy above 1632 level and we have tgt of 15-20 points and if flat opens then price going above 1605 above buy for 1615-1620 as 1st tgt then trail. Anytime price trades below 1560 then 1550-1540 level will be seen immediately if further weakens 1520 next tgt.
if gap up or gap down opens then wait for 1hr mark high & low then trade or avoid.