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Hang Seng near Make or Break levels

Long
TVC:HSI   Hang Seng Index
Hang Seng CMP 26494

Sustaining above the red resistance trend line , HSI can potentially scale up to 28500 levels...

Alternatively wait for a dip towards 26244 levels. Holding that level one can look to enter for a Long trade with Stop Loss at around 25980. That provides a good Risk::Reward ratio.

This is for educational purpose only. Please do your own Analysis before taking any investment / speculative decisions.


Take care & safe trading...!!!
Trade closed: target reached: Technical Analysis at its best... Simple & effective...!!!

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