TradingSutra

TradingSutra Updated 

SETTING UP AN EARLY TREND IN METALS. BUY IN ANY DIP FOR A TARGET RANGE OF 95-96 WITH SL OF 83.

TradingSutra Updated 

Nifty forming a corrective triangular pattern. Holding the level of the 9000-9040 nifty can be long keeping a stop loss below 8900 for the targets level of 9300-9400. Holding the level of 9400 we can expect the target of 9600 & the ultimate target 9800.

TradingSutra

analysis mentioned in the chart.

TradingSutra Updated 

Analysis mentioned in the chart. Breakout of the defending triangle will give a move of 2.5% on the downside around 104.45 . Failure of the pattern will give a target of the previous high of 109.45

TradingSutra Updated 

As long as it holds the newly created channel, it will likely to continue its up trend. Take short position only if the channel breaks.