As the nature of market tends to be bullish considering long on NZG50 only after the consolidation breakout is upward from the rectangle... its been over a year for it being in a range it will Rise for 16k in short span if its comes out of the consolidation phase, previously it was not able to break resistance before but the time has passed over it... recent down...
CONTACT ENERGY NPV short sell own till target
AIR NEW ZEALAND once first target hit, will wait and watch for market direction, then go for second target (optional)
Long Buy position Target upto 5.20
MEL Target will reached up to 7.530 long buy