FORMED A FALLING WEDGE PATTERN AND AS STOCK IS IN DOWNTREND IT MUST BREAK LOWER LINE ON CLOSING BASIS TARGET FOR SHORT GIVEN AFTER CANDLE CLOSES BELOW LOWER LINE UPPER LINE IS STOP LOSS ON CLOSING BASIS ALSO STOCK MAY KEEP CONSOLIDATING BETWEEN TWO LINE SO WAIT FOR BREAKOUT OR BREAKDOWN ON CLOSING BASIS
NOTE: TRADE AT YOUR OWN RISK
NSE:INDIANB Short at 205.40 with SL 207.80 and TP at 200.50
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
Based on my PredictiveSystem's signals, its going to be a RED candle on 06-Jun-2018 for IndianB
Sell Below: 329.4 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting...
Beware that Karnataka election results are out tomorrow (15-May) so there may be volatility in entire market. So play accordingly.
Based on my PredictiveSystem's signals, its going to be a RED candle on 15-May-2018 for INDIANB
Sell Below: 312.5 for targets -
Note: These calls are based on my own analysis. It may or may...