We are closer to the 50% retrenchment level and there is expected to be significant move.... the risk reward ratio is in favor of bear and we can see a fall towards 9800 level and 9500 levels.
Trade active:
9974 level are very crucial, if we close below it we could see the fall towards 9800, 9650 and 9500 levels
Trade active:
It just fell from the stop loss and one should hold the position... we still waiting for the movement confirmation on either side.
Trade active:
10200-10100 is the zone ... break above 10200 bulls will get active and take it to 10550-10600 levels break below 10100 will take it to 9800 levels.
Trade active:
Opened gap up, but came back to its trading range of 10100-10200.... should hold on to this. Still, market seems to have rally prematurely and could see correction in coming days towards 10000 and 9800 levels.
Trade active:
Finally broken its range and have seen a fall towards 10000 levels.... hold on to the position as market will move towards 9974 level and once broken we could see the fall towards 9800 levels
Trade closed manually:
Booked profit at 9650 levels