Description
⋅ A flag breakout likely to kiss the zone 590-595 with key support at 530 levels -before it resumes larger downtrend.
In all the charts- click the charts & use load bar feature
Previous Updates
Update 1- Searching for selling opportunity close to 600 marks
Update 2- Down from 600 to 467
Update 3- Bullish Hidden Divergence
Update 4- Pushes for 590-600 & bears will push down to 450 levels
Trade active
⋅ 12:27 2nd Dec2016
Last Price@529
Keeping 524 intact as downside maximum risk- you can take if looking for upside, but careful 524 broken -do not hold- then we will come back again.
Trade active
⋅ 10:21 Hrs 3rd Jan2017
Sorry Typo again yesterday for stating wrong date- "2nd Dec2016" instead of correct on- "2nd Jan2017"
Its a no trade in LIC as prices looks to move into big range on top@575 & below@475-unless breaks either side-it is going chop in between.