The patterns seen in the chart in daily time frame are rounding bottom and upward channel. Price gave break out today.
Plan A : Buying if the price sustains 715 – 720 for the targets 728,734,742 and 748.
Plan B : Observe and go short if price shows bearish strength below 715.
Plan C : If market give surprise with gap up/gap down, trade using support/resistance.
Note : Wednesday is a trading holiday and don’t carry overnight position with out hedging.
Plan A : Buying if the price sustains 715 – 720 for the targets 728,734,742 and 748.
Plan B : Observe and go short if price shows bearish strength below 715.
Plan C : If market give surprise with gap up/gap down, trade using support/resistance.
Note : Wednesday is a trading holiday and don’t carry overnight position with out hedging.
Comment:
Testing 720 now.
Comment:
Lower time frame.
Trade active:
Long, 734 dome.
Trade active:
T3 done.
Trade closed: target reached:
All targets done.
