1st Target done @23550. 6 mins in the opening session.
Next if it drops & holds the zone 23490-23510 then one can look to buy again for 23600 & 23700 Target.
But - there is a big but -It should hold 23490-23510 zone next
Bounced close from the zone of 23490-23510 - just shy of the zone from 23515 - Lollypop candle.
Trail Your Stops Below 23560 for running move -we entered as shown above 2nd time post book profits @23550
Double Top at 23590.
We should buy next now only above 23600 -not immediately above 23590 if taken out down below 23560 - went close to 23566.
Turns just above 23560 - Saved - Let us see if it breaks 23590 convincingly & runs above 23600
False Break Out at 23600 So I suggested -let is cross convincingly then we think -so we shall close long position at 23580-23590
False Breakout Suggested Before Time @ 12:16 Hrs 13th June2017 - in above update.
Trade with care -long positions only above 23605- if sustains.
Happy Birthday Bank Nifty - Going below 23500
Home loans passed initial screening. Got approved for bank loan from Bank Nifty Bank. Made sweet home - where we started 23440 - we ended 23445.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ