Showing Strength to Reverse Trend.
Published in Weekly Time frame
Viewers Also Change time frame to Daily.
RES.: @ 265.9, @ 267.5, @ 270.1, @ 272, @ 273.70
SUP: @ 262.1, @ 260.5, @ 257.8
Can PAIR Trade With HDFC ..
LONG: TATAMTRDVR , SHORT: HDFC
Jensen Alpha, Sharp Ratio, Treynor Ratio, Beta D,
Trade Set UP:
Buy TATAMTRDVR , Range @ 265.3 to 266.3,
& Hedge with a PUT option strike, equal OR less than 260 Strike
Sell HDFC , Range @ 1555.8 to 1549.2
& Hedge with a CALL option strike, equal OR greater than 1580 Strike
made a HIGH @ 271.90
Tested Mentioned RES. @ 272.
Above @ 273.70 next levels Are
@ 274.3, 276.35- @ 277.8 (Strong), @ 281.75+
Achieved all TGT.
Per lot Profit more than 50K.