WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017

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WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017

Post by AVINASH on Sun Mar 19, 2017 11:03 pm

As planned in last week , due to uptrend on all time frame going long on retracement was our bias.
Hence new long trade has started in 240 demand area with trend on monthly , weekly and daily is up.

But broken trend line weekly and daily with down trend on 240 signals us to be cautious on long trade.

OI analysis too suggesting unwinding of long positions.


Trend Analysis:





OI Data Analysis:




Trade Setup:


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