Ideal entry once retest of the support of successful on EOD basis
may decide to wait this one out as all indicators extremely bullish
this could easily turn into a short trade given certain conditions met
Target - 22940
i was BANNED for violating house rule so i am republishing again without any alteration
Sold @ 198.95
Target @ 185.85
Points Earned = 13
lot size = 4300
profit booked =56,330 per lot
Inconclusive but good triangle formed.
Watch out for the support and resistance zone.
Look to go long only if it breaks the resistance zone.
200 EMA HOURLY RESISTANCE.
IF NIFTY ENTERS THE GAP IT WILL FILL THE GAP WITH RESISTANCE AT 11020.
IT WILL A SIMPLE TRADE.
VIEW ON NIFTY MIGHT BE LONG IF HEALTHY BREAKOUT GIVEN OF 200 EMA.