- Continuous ascent from 20-Mar of about 20% gain, without any weekly pullback.
- Weakness exhibited on 21-August. Current levels are below the August weekly close.
- On 26-Oct, likely to test 19233 for expiry.
- Price over 19233 looks temporary and a good spot to accumulate Nov shorts with targets at 18646, 17900, and 17200.
- 18350 Puts are also well priced with 7x to 20x returns, for hedging, should there be a deeper pull back.
Order cancelled:
This is a failed bearish setup.
Nothing is more bullish than a failed bearish setup.
Time to go high leverage long. Watch for speed-breakers at 18800 and 20200. If those are cleared, let the markets send funds to your bank account!
Nothing is more bullish than a failed bearish setup.
Time to go high leverage long. Watch for speed-breakers at 18800 and 20200. If those are cleared, let the markets send funds to your bank account!