Wait for Break Out of Daily Resistance (506/508) then Swing long but remember there is Weekly resistance at around 525/528 levels.
Trade active:
Entered Trade at 509.5 SL 491.5 and Tgt 531.2
Comment:
Intraday traders can exist around 525.
Comment:
Good up move today. Intraday tgt of around 525 not met but continue to hold for positional trade.
Comment:
Yesterday's Intra target of 525/526 met today but of no use now. Holding this for positional target of 531.2
Trade closed: target reached:
Fantastic!! Target achieved in just one day!! :)