BankBaroda- Cypher done 153 to 165-167. Next Gartley for 158-160

Looking for a pullback in 158-160 with the bearish gartley.

Trading Strategy

Risky Scenario - Look for a bounce from current levels of 165 close to 167 -taking care that 167.50 is not taken out on upside - in that case keeping stops above 168 - traders can sell for 158-160 Target Zone

Safe Scenario - Wait for the bounce to recent high of 167 -here it should not cross 167.50 & starts falling below 164.50 lows then look to sell for target 160-158

Target Zone -158-160 Stop loss -168 & Above

Previous Update - Cypher Target done from 153 -167

Trade active:

15:04 Hrs 11th July2017

Last Price@162-163

We are still looking for a bounce close to 167 tops.

Trade active:

15:21 Hrs 11th July2017

Last Price@162.55

There could be another scenario also which only one man knows- Price himself. We do not get the bounce & it falls to 158-160 zone so we will wait to see whether it gets support as suggested then we plan to buy later looking at Index scenario as well.

Trade active:

10:37 Hrs 13th July2017

Last Price@164.75

Day High@165.75

Look we got the desired retracement close to highs of 167- sooner or later BOB to start it's fall in the zone 158-160 as expected.

Trade active:

12:08 Hrs 13th June2017

Last Price@162.85

Started Falling below the highs of 167 as expected- we are again in the train enjoying the fall.

Trade active:

18:38 Hrs 20th July2017

Gone very close just below 167.50 & turned from 167.15@18th July2017