WEEKLY ANALYSIS AND TRADE SETUP- 26 MARCH 2017
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WEEKLY ANALYSIS AND TRADE SETUP- 26 MARCH 2017
Last weekly analysis mentioned about sideways movement in lead with negative bias.
And based on this we have initiated aggressive short after establishing downtrend on 240 min.
But down trend was short lived and our stop hit. Also 240min supply area has broken.
Now lead is in monthly, weekly and daily sideways with uptrend on 240 min.
We will plan long trade at 149 odd with stop below 145.
OI analysis suggesting addition of long in system.
Trend Analysis:
OI Data Analysis:
Trade Setup:
And based on this we have initiated aggressive short after establishing downtrend on 240 min.
But down trend was short lived and our stop hit. Also 240min supply area has broken.
Now lead is in monthly, weekly and daily sideways with uptrend on 240 min.
We will plan long trade at 149 odd with stop below 145.
OI analysis suggesting addition of long in system.
Trend Analysis:
OI Data Analysis:
Trade Setup:
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