Good morning all,
Friday was like that Hindi movie where the Hero reaches his destination to vanquish the villain, only to find his mother tied to post and has to drop his weapon.... Our targets were missed just like that (~30 points on each side). But that's past and let's look ahead.
My view is bullish for tomorrow based on the current position of the index poised around 35K and will move to reach the reversal zone. So;
Long side view:
Buy above 35130
Target 1 - 35240
Target 2 - 35350
Target 3 - 35485
(Long SL - 35000)
--------------------
If it does move south.
Short Side view:
Sell below 34740
Target 1 - 34635
Target 2 - 34570
(Short SL - 34850)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Friday was like that Hindi movie where the Hero reaches his destination to vanquish the villain, only to find his mother tied to post and has to drop his weapon.... Our targets were missed just like that (~30 points on each side). But that's past and let's look ahead.
My view is bullish for tomorrow based on the current position of the index poised around 35K and will move to reach the reversal zone. So;
Long side view:
Buy above 35130
Target 1 - 35240
Target 2 - 35350
Target 3 - 35485
(Long SL - 35000)
--------------------
If it does move south.
Short Side view:
Sell below 34740
Target 1 - 34635
Target 2 - 34570
(Short SL - 34850)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
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