BNF View Trend Lines

Updated

On lower time Frame price continue on its uptrend Trend lines . As budget has given a good up move we need a good levels .
not in rush

Note

Going long with 34600 CE above 375-380 with 40 point Target

Note

If price Doesn't Not sustain above 34570 level my trade will not be executed, and if price rejects the level and try to reverse on 10 min CLBS , will go with PE side ,can see a correction .correction can be of two type
1. Time based
2. Price
lets SEE

Trade active

34600 CE active at 378

Trade closed: stop reached

Note

Seems to be Time Based Correction with STOP LOSS Hunting ,taking support again.

Note

Time wise correction with uptrend can been seen , Tomorrow will see a new record. As till now the OI Data seems to be slow but with positive indication.
So, don't get trapped in PE carry-forward etc, be neutral . Don't Try to short .
All the Best MR. Market show as a new high tomorrow.

Stock_Inshot

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