Price is consolidating and the important support is seen at 2405 - 2410. Price has formed a descending triangle pattern. If it breaks the support, then we can expect at least 20 points fall.
Buy above 2410 with the stop loss of 2404 for the targets 2418, 2430 and 2444.
Sell below 2398 with the stop loss of 2404 for the targets 2392, 2384 and 2376.
Even the price fall, remember the main trend is positive and it is a pull back. Always use stop orders to protect your capital.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Buy above 2410 with the stop loss of 2404 for the targets 2418, 2430 and 2444.
Sell below 2398 with the stop loss of 2404 for the targets 2392, 2384 and 2376.
Even the price fall, remember the main trend is positive and it is a pull back. Always use stop orders to protect your capital.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Trade active:
Long
Comment:
T1 done.
Comment:
At support.
