11/07/2025
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The market opened with a gap down near the 25300 level. In the first 30 minutes, it attempted to move upside, taking support at the L4 level, but was unable to sustain the move. To gauge market direction, we plotted a straddle at 25500 and 25100. We observed that 25100 triggered a downside move, while 25500 triggered an upside move, indicating possible directional movement. Additionally, a turtle breakout occurred at 25100 near 308, presenting a potential entry opportunity. However, due to personal reasons, I was unable to take the entry