I am waiting to sell stock at or Near 189 to 191 with stop of +5 Points and book my profit near the closing of day
One can see the is Near 160 so , simple sell on every rise and book profit at the end of the day
I believe this chart should give a clear picture, One has to look the Zone of selling not the Price Point , Many commented they are going short , even after reading the information i have put along with chart ?? i think they should know how to read the charts and understand the Zone , Because those who sold today in 1st Hour have lost their money with Stop Hit and losing their amount ,
Why i am writing this ??
Because after doing my analysis i have made very clear information that i will be looking to sell Near 189 not on open of the price , with stop of +5 Point , but many misunderstood and must have done wrong trade , so please do read charts the information written in it ,
If you have sold Futures then i request you to have Look in your charting , because it is likely to move more than 185 , so either you book profit and sell again at peak high or take advise form Financial consultant in stock market
My message to you is have a clear view before any decisions
Please visit monthly chart i posted you will know