Well,,We have rallied really hard...so
SHORT:-
11200=BECAUSE IT IS THE PREVIOUS HIGH AND A RESISTANT
ALS0 11200 IS THE 200 DMA...
LONG:
ONLY @10800 IF NIFTY RETRACES....
SHORT:-
11200=BECAUSE IT IS THE PREVIOUS HIGH AND A RESISTANT
ALS0 11200 IS THE 200 DMA...
LONG:
ONLY @10800 IF NIFTY RETRACES....
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10800 IS THE 61.8 RETRACEMENT BUY
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PLEASE PLACE A STOP OF 41 POINTS ON NIFTY TRADE PLEASE.
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BUY A PUT @50 11000 STRIKE,,JUST IN CASE OUR 11200 DOES NOT COME
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11140 and 11170 are intial resistances
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11140 WENT TO MY FIRST RESISTANCE.....TRADE IDEA STILL STANDS...ALL THE BEST. DONT FORGET THE STOPS
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YOU SHOULD GET A DOWN MOVE AFTER THE FINANCE MINISTER COMES WITH HER PROMISED MEASURES THIS WEEK,,MAY ITS ON THURSDAY...