WEEKLY ANALYSIS AND TRADE SETUP- 23 APRIL 2017

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WEEKLY ANALYSIS AND TRADE SETUP- 23 APRIL 2017

Post by AVINASH on Sun Apr 23, 2017 9:02 pm

Previous weekly analysis mentioned about our bias to initiate short trade and we got entry in short trade around 29500 with stop above 30100 for target of 28500-28000.

Now trend on monthly is sideways with sideways trend line but on weekly trend is down with intact trend line which was our bias to start short trade.

On daily trend is up with up trend line but now trend line is broken.
On 240 min trend has changed to sideways.


OI analysis is not suggestive of major changes in positions.


Trend Analysis:




OI Data Analysis:




Trade Setup:

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AVINASH
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