26 Oct - Market fall. Selling absorbed at 400 and moved up.
30 Nov - Huge -ve volume is absorbed at 400 and moved up.
20 Dec 21 Dec - Price fall, +ve volumes at 400 and moved up.
4th time - If all the selling is absorbed or new buying happens then price should cross 440. Has to cross 458-460 resistance for clear confirmation.
Accumulate with in the zone till 400. Exit below 400.
If it crosses 440-460 then 10-20% should be possible.
30 Nov - Huge -ve volume is absorbed at 400 and moved up.
20 Dec 21 Dec - Price fall, +ve volumes at 400 and moved up.
4th time - If all the selling is absorbed or new buying happens then price should cross 440. Has to cross 458-460 resistance for clear confirmation.
Accumulate with in the zone till 400. Exit below 400.
If it crosses 440-460 then 10-20% should be possible.
Comment:
560 / 28.7% target reached. Trailing SL now.
Price moved up 7 consecutive days. it may take break for few sessions. Hoping for 600.
Price moved up 7 consecutive days. it may take break for few sessions. Hoping for 600.
Trade closed: stop reached:
SL Hit at 520. GTT closed the trade. I think my SL is correct but it hit in this fall.
I feel this is a shake out. Will observe the market movement before any call .
Trade closed in 20% profit.
I feel this is a shake out. Will observe the market movement before any call .
Trade closed in 20% profit.
With that 4 month base, I really wish it reaches 550-600.