Price is consolidating inside a descending triangle. 420 is acting as a strong support. Buy above 426 with the stoploss of 423. Targets are 429, 432 and 436. Sell below 421 with the stoploss of 424. Targets are 418, 415 and 413. Intraday calls depend on the market opening. Analyse and follow your trading plan always. New traders enter trade after watching price action for 15 to 30 mins. This trade is valid for May 24, 2017 only.
Trade active:
Long
Trade closed: target reached:
Today's high so far is 428.95. Trade closed on 1st target!
Comment:
Price action still forming triangle.
Comment:
Triangle broke up today and achieved targets.
