Had been rising continuously from the past 6 days, without breaking previous day low, today it has formed broken previous day low
Short only if the previous day low is broken with stop loss at previous day high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ...
Torrent pharma trading with -ve arbitrage where spot is trading 8 rupee higher than futures. Daily charts showing weakness at higher levels. HNI traders may employ a covered put strategy for a week outlook.G0 short in futures at CMP 1878.5 and sell 1850 PE at around 35-40 rupees and leave the positions till expiry or till you receive 3-5% ROI.
It has completed its correction and form a base at 1540 levels. has crosses 1720-1740 levels which indicates change in trend. My target and my strategy is based on elliot wave theory. target of 1880 is interim target. Moreover i am expecting 3-4% upside on pharma index in next trading sessions