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 11:01 pm

Last week as per mentioned in previous weekly analysis we have booked good profit in long trade. cheers

Also last weekly analysis mentioned about resistance at 188 odd level, which is also proved its strength and falling from 188 level.
Based on this we have initiated aggressive short at 185 with stop above 188.5

Currently zinc is in monthly up with weekly is in sideways and daily and 249 min is in down trend.
We expect price may fall till 178 odd, where we will exit our short and will plan long trade.


OI analysis is too suggesting unwinding of longs which is in favor of our short trade.


Trend Analysis:





OI Data Analysis:




Trade Setup:

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AVINASH
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