WEEKLY ANALYSIS AND TRADE SETUP- 16 APRIL 2017

Weekly analysis of 2nd April was suggestive of bullish bias after which we have taken long trade but it has hit stop order.

Now it’s in monthly, weekly, daily and 240 min sideways trend with broken daily supply.
We expect further fall in lead till 140 level where after confirmation we will plan some long trade.

OI analysis is also suggesting some short addition in system.



Trend Analysis:




OI Data Analysis:




Trade Setup: