Add small long position at Current Price and on dips 16140 and add more above 16260 for initial target 16650
Stoploss 15900
Trade active
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Added at 16140 and 16050 Holding with same stop 15900
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We have got breakout on 15 min chart...Carry Long position bindaas
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Continue to hold today if spot closes below 15900 will exit
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Markets are oversold and since having small position I am willing to hold for at least 16500
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Many people are giving target of 14800 15100
I think we should worry only below 15700 as of now but until then sharp rally is coming soon
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Added more futures around 15850 levels
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Royal Trap is in progress for BEARS...If you are Bull 15700 is the level to be watched wherein once decisively broke will dump my long position in Futures as I don't want to fight the tape. I am having small positions so I will be playing for higher targets on long side
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Above 16100 fast move possible...today we can expect 16200 once crosses 16090 16100 levels
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16390 so far Hope you are enjoying this rally...more upside is pending...
Yesterday intraday also got good gains above 16100