WEEKLY ANALYSIS AND TRADE SETUP- 26 MARCH 2017

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WEEKLY ANALYSIS AND TRADE SETUP- 26 MARCH 2017

Post by AVINASH on Sat Mar 25, 2017 9:26 pm

Last to last week we have mentioned that 39900 level will provide some support and
we have initiated long position for target of 42000 …and we are near to our target. (Close price: 41550)

Trend on monthly is up with broken trend line. While on weekly its down. However, trend on daily and 240 min is up with up trend line holding.
Current uptrend can go up to 42300 odd level, where some resistance is expected before further up move.

OI analysis too suggesting short covering, which moving prices up.


Trend Analysis:




OI Data Analysis:




Trade Setup:

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AVINASH
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