- MOVING IN A UPWARD TRENDING TRIANGLE PATTERN - TAKING RESISTANCE FROM 1575 LEVEL AND SUPPORT FROM 100SMA.
INDICATORS: RSI - NEUTRAL/SIDEWAYS AT 50-LEVEL TT2 TREND - BEARISH IN 15MINS AND BULLISH IN DAILY TF CVD - ALMOST NEUTRAL
COMMENTS: 1. SELL BELOW 1550 WITH TSL 1580 TGTS 200SMA/1500
2. BUY ABOVE 1615 SL 200SMA TGTS 1641/1667/1770
KEEP AN EYE!!
NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!! ***Always keep buffer with target and SL level ***in case of GAP opening, the given levels become invalid. ***this is my personal view. Please take advice from your financial advisor before investing.