WIPRO Sell below 579
SL 616 on weekly closing basis
Target:- 554, 527, 450
So, we have to initiate a bull put spread -
April Expiry
580 Put buy along with 550 Put sell
If 550 is not achieved in the April expiry then one can again take this trade for next month's expiry provided the trade should be in profit.
(For example:-u can initiate 560 Put buy...
Presented is a DXY directional analysis based off the one hr chart.
Currently we are seeing support in our pivot zone (90.50) with continuous pivot retests.
Our current increase in momentum was sparked by a MACD/SIGNAL cross and slanting up through the 0 line. Our RSI is settling into the overbought zone and will trend between top indicator resistance and...