I have purchased 40 qty yesterday at 2275 price. Should I hold i or sell it as today it seems going below 2240 levels.
HarmonicsInAction1
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@rahul91091, Man, what made you buy yesterday? Look at the trading of last 5-6 sessions, it is extremelly bearish.
The longs should only be initiated once it reaches 2160. Look at the chart below:
rahul91091
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@HarmonicsInAction1, ok Thanks for sharing your views. I initiated because it was closer to support levels i.e 2230-50 . Anyways I will sell once it breaches 2220. And again but at lower levels.
Ts_Arun
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Time to initiate our longs?
HarmonicsInAction1
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@Ts_Arun, Yes, I traded long once. there is chance for reentry for long.