I am still looking this as correction is not over yet , it may still come down , So i will be looking to sell on reversal near the Levels , in case it moves above , No problem , I will not be in the trade its high likely will come down once and make a Final hammer before making any turn around
Trade active
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This one is moving up side that is for sure , enter after brake of 2939 for very narrow target of 3045 , book your profits with trail stop
Ok I am gonna watch this one very closely. The May Sales numbers beat estimates. Infact i think this time it will move strongly up considering investors are trying to look for comfort in large caps. Will sell part at 3040. Support of 2700 holding very strongly.
shiv2798
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@rubixqube, Sure as long as your investment is secure you can hold it , once it moves away form this forecast area , You can start trailing the stop because the actual reversal can differ in price , and if you look the Monthly chart , You will come to Know what i am talking , this one on higher time frame is heading down ward direction ,
Lets wait and see how it move
Regards