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Recent News bulls the Reliance and Market also...Last 2 hours some pull back trade....
Oi also decrease shows short covering....spectator book their profits at open...
Play Accordingly...
Do your own analysis...
Blue line target...
Same Chart for nifty...
Yesterday reach first target....
World indices negative...
Expect gapdown.. either reach that trendline or redmark...
Today positive news :
Reliance facebook deal....might be the reason for gapfill...
Play accordingly...
Do analysis....before enter position...
PEL --- sHORT BELOW 823...INTRADAY TARGET 812...SWING T1 -764 T2 - 606
REASON...MORE OI REDUCE ON SHORT SIDE....
0.618 RETRACEMENT BREAKED
FOLLOW YOUR RISK MANAGEMENT...
DO YOU OWN ANLAYSIS BEFORE TAKING POSITION
BATAINDIA --- sHORT BELOW BLACKLINE CLOSE CANDLE...TARGET MARKET ON THE CHART...
FOLLOW YOUR RISK MANAGEMENT...
DO YOU OWN ANLAYSIS BEFORE TAKING POSITION