price action below 50MA
9MA below 50 MA
finding support at 200MA
38.2% fib channel levels acting as resistance
and 50% fib channel levels acting as support
tenkan below kijun
chikou down and in free area
senkou B above senkou A
daily trend downside
NEWS: Jubilant FoodWorks’ pizza chain Domino’s may have to deposit Rs 41.43 crore for profiteering.
hence face stringent GST anti-profiteering penalties
shorting below 200MA and if it is breached then tide is in our favour
long if it breaches 23.6%
9MA below 50 MA
finding support at 200MA
38.2% fib channel levels acting as resistance
and 50% fib channel levels acting as support
tenkan below kijun
chikou down and in free area
senkou B above senkou A
daily trend downside
NEWS: Jubilant FoodWorks’ pizza chain Domino’s may have to deposit Rs 41.43 crore for profiteering.
hence face stringent GST anti-profiteering penalties
shorting below 200MA and if it is breached then tide is in our favour
long if it breaches 23.6%
Trade active
Trade closed manually:
got a lil excited shorting done below 50 MA for 18 points move
Comment:
couldn't hold for much longer...:(