Are we ready for another knock?
Have patience- most important thing to learn from the markets.
Sell below 318-319 Tripple Bottom Zone, which is a strong .
9th April2017- How far it can go in 2017
15th April2017- What a fall from 355 to 318
21st April2017- 318 Turned Twice - Can 335 Make it Turn Twice
26th April2017- Cyclone Katrina at Ports- Fall from 333 to 318
2nd May2017- Came back to start again at 333
What a fall from 333 tops again
Our Next Setup is sell below 318 - Selling here should be done only by risk takers - There is no stops here - one should manage on their own looking at market dynamics for the day.
Trade did activate below 318 - idea closed
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ