Long

INFRATEL: Possibility of U-Turn.

Updated
Trading at FIB R 0.786 level.
DN Trend Stopped at KUMO Cloud.
Possibility to attempt to fill Bearish GAP @ 389.8 - @ 395.6.
Indicators & Oscillators favouring U-Turn.
candle pattern also favours infavour of U-Turn.

Go LONG: @ 380.75 to @ 384
Best LONG: @ 375.20 - @ 379

Short Term Target: Plotted on Chart.

Intraday / Swing Target in below Snapshot.

SL: @ 365- (By Closing).

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

LIKE / Comment /Share, If useful & enriched your knowledge.

Snapshot of Intraday / Swing trade Level for 11th Aug 2017.

snapshot
Trade active
Made LOW @ 376.10
mentioned "Best LONG Best LONG: @ 375.20 - @ 379"
Note
In Laggard Market, Made High @ 383.75 & in Positive.
+1% from Given View. Intraday trader can Book Profit.
LTP: @ 382.80, may hit near 1st TGT @ 385+
Note
Achieved Short Term TGT @ 385.45
(plotted in Snapshot)
made High @ 385.90
Note
Achieved @ 388.45 (plotted on Chart)
as Made HIGH @ 388.75
Note
Traded at 387 (+2%), while Market -0.67% (Gap DN opening)
Note
Entered in KUMO Cloud (Green)
Note
LTP: @ 389.8, High: @ 389.9
Bearish GAP was @ 389.80 - @ 395.6
Nearing to fill GAP.
Note
LTP: @ 391.3 (+3.15%), High: @ 391.55
1% away to fill GAP.
Bearish GAP was @ 389.80 - @ 395.6
Note
LTP: @ 391.3 , High: @ 393.95 (+3.85%)
0.45% away to fill GAP.
Bearish GAP was @ 389.80 - @ 395.6
Note
LTP: @ 396.2 , High: @ 396.75 (+4.59%)
(Proofs Nifty Bearish Does not mean all are Bearish)
GAP FILLED
Bearish GAP was @ 389.80 - @ 395.6
View provided @ 376.10 on 11th AUG 2017

Performance: +5.5% in a Week in this type of Volatile Week.
Note
Achieved TARGET #2: @ 396.70
as Made HIGH @ @ 396.75
Notice Calculation of Levels.
Beyond Technical AnalysisFibonacciTechnical Indicators

Also on:

Related publications

Disclaimer