Since from last April BOB is trading inside the Bull channel, Price has managed to make higher highs on rising trend line, Currently Price manged break higher low with the RSI Oscillator divergence, Currently RSI mid-line broken today with Higher- low. Traders can go short on CMP(182) with target-170 Maintain Stop-loss 188, (R:R 1:2) Risky traders trail your targets On higher channel profit booking is seen in futures as per Open interest data today Change in Open Interest -65,87,000 % Change in Open Interest -21.93 Data NSE INDIA
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Risk Disclaimer Trading is risky before investing, Do your own research.
Trade closed: target reached
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After price recorded low 166.60 yesterday our earlier take profit 1 was @ 170 safe traders booked profit.
Comment
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Closed full position!! Enjoyed big trend!!
Comments
smghasan7
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what is CMP?
Jnaneshsd
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@smghasan7, today it recorded low of 172 & closed @ 179