TAKE A LOSS WHERE NECESSARY : Knowing when to take a loss
is the most important lesson any day trader ever learns. If you keep your
losses small, you can come back to fight another day. As long as you control
the loss in a calm, professional way, keeping it within the limits you have set
for your money management strategy, it is STILL a good trade!
LAST CLOSE @ 5768
STIFF RESISTANCE AROUND 5785----- 5795 LEVELS
STRONG SUPPORT @ 5635----- - 56345 LEVELS
IMMEDIATE RESISTANCE @ 5775
TRADING ABOVE 5775
INDICATING BULLS IN POWER
TARGET FOR BULLS IN INTRADAY
5795---------5818------- - 5825
MINOR RESISTANCE AROUND 5780- 5785 LEVELS
SUPPOSE TRADING BELOW 5760
WILL TAKE TO 5740------ 5735--------- - 5725 LEVELS NOT RULED OUT IN INTRA
THREE DAYS CLOSING + WEEKLY CLOSING ABOVE 5775
ULTIMATE TARGET 5885 AND 5910 NOT RULED OUT
IN COMING DAYS
THREE DAYS CLOSING + WEEKLY CLOSING BELOW 5750
TARGET FOR BEARS
5690------- 5650---------- 5625 NOT RULED OUT
STRONG SUPPORT @ 5625 (CLOSING BASIS)
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LAST CLOSE @ 2297
STRONG SUPPORT @ 2280
PRICE TRADING ABOVE 2305 FAVOUR BULLS ONLY
CAN EXPECT FIRE WORKS UPTO
2325 - 2350 - 2375 NOT RULED OUT IN INTRA
TWO DAYS CLOSING + WEEKLY CLOSING ABOVE 2305
ULTIMATE TARGET FOR BULLS
2355 - 2400- 2450 IN COMING DAYS
KEEP AN EYE @ 2280
BELIEVE IT OR NOT
LAST CLOSE @ 444
IMMEDIATE RESISTANCE @ 453
STRONG SUPPORT @ 435- 430
IF BULLS CAN SUSTAIN ABOVE 444
INTRADAY TARGET FOR BULLS
453- 460
THEREAFTER 470
ULTIMATE TARGET 500 OR 550 ???
JUST WAIT AND SEE
Subject To Disclaimer
