The world market indicates a gapdown and our market are also looking weak seeing the previous closing so trade accordingly.
A supportive trendline can be seen which can be used to go long if selling pressure comes to a halt.
All the levels are mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
A supportive trendline can be seen which can be used to go long if selling pressure comes to a halt.
All the levels are mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Trade closed: target reached:
Sell side target hit. 200 pts captured
Buy given above the trendline 180 pts and trailing.
Godspeed
Buy given above the trendline 180 pts and trailing.
Godspeed