Stops above 155-- have taken dip & nothing to lose -going above 155 -shall be out to take some rest.
So, we have very less to lose.
Again gave selling opportunity at 154- close to the day's high-target looking down till 143-145
The way it jumped today above 155- 156.70 max on the upside, but now it confirms that upside move has started. So, do not hurry in getting in the trade.
Either allow price to come in the zone 154.50-155 -if holds, then buy with minimum stop below 154 or allow prices to come in the zone 150-151.50 to buy for upside targets & stops below 150.
Reached 174-175 -Risk Element is Big now - Done & Out - for myself.
Shall leave the last move- if any next week.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ