In previous update- well critical level played its magic twice, first came to 650 & later at 649- Amazing selling opportunity- read between the lines & key level 632 also showing its importance for a short term bounce to 644 in yesterday's session end.
Triangle could be in making with critical level@651- so, possible that it moves to the zone 598-605 in the upcoming market session.
Trading Strategy
Selling below 651 in the zone 642-647 with strict stops above 651 for target zone 598-605 as next support. Kindly follow proper risk management to get the most out of the trade.
You would love to read my previous update
Trend is your friend- avoid buy below 651
Triangle could be in making with critical level@651- so, possible that it moves to the zone 598-605 in the upcoming market session.
Trading Strategy
Selling below 651 in the zone 642-647 with strict stops above 651 for target zone 598-605 as next support. Kindly follow proper risk management to get the most out of the trade.
You would love to read my previous update
Trend is your friend- avoid buy below 651
Trade active:
12:44 Hrs 22nd March2017
Last Price@640
Today in 1st half Market opened at 635 -rushed to 628 & bounced to current levels of 640
Selling is advised only in the 642-647 with critical stops@651- Critical which should not be taken out on upside.
So till 651 is intact - we will search for selling opportunity close to that high.
Last Price@640
Today in 1st half Market opened at 635 -rushed to 628 & bounced to current levels of 640
Selling is advised only in the 642-647 with critical stops@651- Critical which should not be taken out on upside.
So till 651 is intact - we will search for selling opportunity close to that high.
Trade active:
15:17 Hrs 22nd March2017
Last Price@644.50
Again selling was seen from 649 below 651 - made made intraday recent low@641
Last Price@644.50
Again selling was seen from 649 below 651 - made made intraday recent low@641
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)