Viwoke

Beware of fake BB blast

Long
SGX:IN1!   SGX NIFTY 50 INDEX FUTURES
Daily ( SGX NIFTY ) Bollinger Band is rooted at its median. So not expecting any big trends.

Since shorter time frames on sgx nifty show a brief upward movement might feint a Bollinger Band Blast/Breakout by the time Indian markets open.

Yesterday's Oi as well post indian market movement on sgx nifty futures show a decent support around 14850.

Hence expecting sideways market overall. Though intraday as always would still experience its usual highs and lows.
Trade closed manually: 100 and lower period moving averages might show a bullish signal but the strength is starting to wane down.

Have a tight trailing Stop loss.

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