Description on the chart itself.
Happy trading
Regards
Raj
Happy trading
Regards
Raj
Comment:
price movement started from 2.877 (@MCX 192) and reached the high of 2.987 (@MCX 199) and started retracting towards 61.8% which will complete 2.917 (@MCX194.8). In case price hold at this level stay long or if you see price goes below the level exit the position with 2-2.5 rs profit.
Trade active:
Book partial profit & Rest hold for the target 3.1 with the trailing stop loss of near 2.95.
Trade closed manually:
Hi friends, Since I'm travelling i could not monitor so manually closing my call here.
Happy dasara
Regards
Raj
Happy dasara
Regards
Raj
Downtrend have been limited @ 50% at 2.877 before reaching 61.8% area. However the current up move should take the NG1! towards 3.24. One can look for the target of 3.1 with the trailing stop of 2.877 which was our cost price.