Last Price@568 - 8th Feb2017
Analysis is done on the basis of spot/cash price.
Looking for handle of the cup@530-535 - if holds then target done or below 530 - handle can extend to 450 - Holding 530-535 can be seen as buying opportunity as well if Index supports.
No Trades above 577 - set the double top as your stop loss
Analysis is done on the basis of spot/cash price.
Looking for handle of the cup@530-535 - if holds then target done or below 530 - handle can extend to 450 - Holding 530-535 can be seen as buying opportunity as well if Index supports.
No Trades above 577 - set the double top as your stop loss
Trade active:
09:55 Hrs 9th Feb2018
Last Price@554
Gap down - from opening high @560 - down 6 points !
Last Price@554
Gap down - from opening high @560 - down 6 points !
Trade closed manually:
12:28 Hrs 9th Feb2018
Last Price@552.50 (In the Trade - 5-8 points +)
Closed ----------------------------Bye ---------------------Closed
Last Price@552.50 (In the Trade - 5-8 points +)
Closed ----------------------------Bye ---------------------Closed
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Surya1510
Good Morning Shall i enter 530-535 for the sort term (2-3months) please advice thank you
Reply

AbhishekHSinghCMT
Surya1510
@Surya1510, Not suggesting anything on post as closed - come in PM -I shall update you. Thanks
Reply
RajKA
Hi AbhishekHSinghCMT, can I short it now for 555 Intraday?
Reply

AbhishekHSinghCMT
RajKA
@RajKA, Even though it is expected to fall you have lost the intraday entry price which could have formed cushion -late entry can increase your risk so it is always better to wait for new entry next time or if you are ok to take higher risk of stops above 568 else strictly no.
Reply
RajKA
AbhishekHSinghCMT
@AbhishekHSinghCMT, thanks AbhishekHSinghCMT let me wait
Reply

AbhishekHSinghCMT
RajKA
@RajKA, Welcome. Keep watching for more action.
Reply