Reliance AGM and other macro factors are in alignment with my bullish view. So dips and sideways movement should be utilized to go long.
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Happy independence day :) As mentioned above "dips and sideways movement should be utilized to go long" in forthcoming trading sessions. One may focus on instruments like Sep-Oct futures, Nifty ETF, Index heavyweight stocks etc (avoid options)
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SL is 10530
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Made a low of 10637 so far
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. Today we hand another opportunity to go long,
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Taking support at the sliding parallel
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Took a strong bounce exactly at the sliding parallel. One can buy with SL below 10630
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. Please use the dips upto 11100-11050 to accumulate
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Trading within a channel
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. As mentioned on Sep 25th "Please use the dips upto 11100-11050 to accumulate" maintaining a strict SL below 10630
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Weekly candle showing strength. More bullish move to follow.
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. Finding resistance at the median line. Upon a close above the median line we can expect a bigger and stronger bullish move.
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Booking partial profit at 12030+
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Booked a partial profit of 1000+ points profit so far