ajithchand-bhandaari
Short

SHORT DJI ::: REVERSAL CALL

INDEX:DJY0   DJIA
DJI is expected to sink now.

There are many reason why we feel it may sink.
01. It is below quarterly buy level.
02. hammerl in daily Chart .
03. To sink and may come near 16150
04. Stoch RSI (3,3,14,Close) is not clear.
05. RSI (14,CLOSE) Is Bearish .
06. CCI (20,CLOSE) Is also sinking.
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from sell bellow:16628 with a SL @: 16839 Tgt01: 16334 Tgt02: 16150 . We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
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