LONG side is not suggested. Follow up on SPUTNIK vaccine is to be done.
Seems the price going to reverse to 2100 from 2005. What will be index value??
Price movement suggests either of the candles will be covered. My observation is a price level of 1175.
Unable to understand, what would have caused this type of movement in a high value share.
The action was for 1/2 hour either side (buy - 30 mins and sell 30 mins). Got totally unaware.
The one hour of trade got totally unaware. Look into the 15m chart.
Please comment / share your views about this.
Long term pattern represents h&s pattern. Long is not suggested. If the top line is breached, then one may reconsider.
The pattern suggests not to SHORT, as per my observation. Levels are mentioned in the chart.
PLEASE SEE THE COMMENTS IN THE CHART.