As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.1.
On the other hand, short term forecast is uptrend, so trading is more risky this day and if you tend to set orders, invest less money and expect to reach the following target:
TP4: S1=142.35.
Set the stoploss of these orders at breakout of R2=143.25.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=143.25.
In this situation, there is an expectation to reach the target R3=144.2.
Set the stoploss of reverse orders at breakout of R1=143.1.
If you would like to trade in the next 24 hours, the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
On the other hand, short term forecast is uptrend, so trading is more risky this day and if you tend to set orders, invest less money and expect to reach the following target:
TP4: S1=142.35.
Set the stoploss of these orders at breakout of R2=143.25.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=143.25.
In this situation, there is an expectation to reach the target R3=144.2.
Set the stoploss of reverse orders at breakout of R1=143.1.
If you would like to trade in the next 24 hours, the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!