1. Trading below 50 ema...
2. broken channel support...
3. has revived a bit in the last 2 days n now showing some bullish signals....
trade set up
1. buy only once it goes back to the channel....
2. or sell if u c it showing resistance to cross the channel....
short term trend
1. market bullish
2. may try for 450 +...(take chances only after that )
still want to trade:
sell the 420 PE n take ur chances...
final set up
no trade zone : 429- 451
buy above 451 for 500
sell below 426 for 400 n below....
disclaimer: bias view and for self .....
2. broken channel support...
3. has revived a bit in the last 2 days n now showing some bullish signals....
trade set up
1. buy only once it goes back to the channel....
2. or sell if u c it showing resistance to cross the channel....
short term trend
1. market bullish
2. may try for 450 +...(take chances only after that )
still want to trade:
sell the 420 PE n take ur chances...
final set up
no trade zone : 429- 451
buy above 451 for 500
sell below 426 for 400 n below....
disclaimer: bias view and for self .....
Trade active:
Booked half posns...
Trade active:
Ddnt realize it would be such move !!