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INDIGO SHORT TERM VIEW

By freshtrader
Updated
INDIGO SHORT TERM VIEW , predicting downtrend.
Note
Today also failed to break out 1050/-

Trend seems to be downtrend, however brent is falling ... need to take steps very cautiously
Note
BRENT fall 6% ruled out the downtrend.
Trade active
NOV 1100CE @ 17

2lots
Note
After such a big push upwards, The script still failed to close above 1050/-

I will close my trade tomorrow morning.
Note
The downtrend is clearly visible today.
Note
BRENT is @ 6% more discount. Quite confusing period going on.
Gann Square
freshtrader

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