Let the rising trendline be broken to get small short call may be till 380-382 levels but be careful- iv-wave is still running post going into 380-382 -wait for a bounce back to same 395-399 to fall again or if TS suddenly creates more pressure then probably -we will place 395 as the top.
12:55 Hrs-26th Aug2016-- Typing Error-- "My baby kissing downside objective of 367-368" as mentioned early morning at 09:10 Hrs IST-26th AUg2016- Day's Low is 369.20...Screen Price is - 369.65 Regards,Abhishek
12:55 Hrs-IST-26th Aug2016-- Bang On--TS -My Baby Kissing our downside objective of 267-268.. Current Price on the screen- 369.50--Day's Low is 369.20- Let us now Book Profits & Wait- Baby could cry & jump out of bed- I mean to say bounce.
09:10 Hrs-IST-26th Aug2016- TS can have 367-368 as good support- can look for a bounce & it could deep as in -can go as deep as 387-390 but one thing to be taken care of -It cannot go beyond 395- which I am placing as a top for time being. Once bouncing deep in the 387-390- one should look for bearish sign -if confirmed at your end- to take short then for a fall again.