THE INFERENCE WAS FROM THE ICHIMOKU INDICATOR SIGNALS & THE PATTERN DEVELOPED.
AGREE THAT THE TREND IS DOWN, BUT ICHIMOKU GIVES ADVANCED SIGNALS.
ShreeGanesh_1991
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@Sunandamedi, RSI is 35, so I will not take any risk here. Lets say you are right, then also I will consider it buying at or less than 122 level with a clbs sl of 117.4
Sunandamedi
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@ShreeGanesh_1991, MONEY FLOW POSITION ALSO ONE OF THE FACTORS CONSIDERED. THANKS FOR YOUR VALUABLE COMMENTS!!
ShreeGanesh_1991
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@Sunandamedi, I dont know anything about "MONEY FLOW POSITION", I will read it. Thanks :)