Ports had an impulsive fall from 355-356 zone to 318.30 recent low in last trading session- all updated in interim updates on the previous post.
Previous Update - How far it can go in 2017
Yet again 355-356 zone, which was identifed as crucial zone - It failed kissing that zone & selling pressure was visible in the counter.
Short Term Chart
Trading Strategy 317-320 looks good support zone & once it starts moving above gap zone of 324-326- likely push gets extended to 335-340 where I will have to check again whether selling can be taken in the bounce zone.
Trade active
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11:12 Hrs 18th April2017
Last Price@332
Wow! - What a support in 317-320 -Awesome
Trade active
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13:40 Hrs 18th April2017
Last Price@325
Falls from 335 as expected
Trade closed: target reached
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13:41 Hrs 18th April2017
Last Price@325
Up & Down - 10 Points bounce to 335 & fall 10 points to 325 - Done & Out.
Comments
piptamil
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Trade active: 13:40 Hrs 18th April2017
Last Price@325
Trade active meaning u took Sell???
WaveTalks
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@piptamil, Yes, it was suggested in update above, but did not update, when it reached at 335.
Last Price@325
Trade active meaning u took Sell???