BEST BUY & SUPP @ IS @ 1.3308 - 1.3298 UPSIDE TGT IS 1.3788 / 1.3500/1.3536 ; HOWEVER A CRACK BELOW 1.3276 DOWNSIDE TGT 1.3226/1.3190 ( ONE CAN AVERAGE LONG POSITION BUYING HERE IF GET)
LTP - 1.3318
DAILY TREND : AS THERE IS SOME ROOM LEFT FOR UPSIDE WE MAY WITNESS BULLISH STREAKS IN TODAYS SESSION ...
WEEKLY : FAST SCO INCHING UPSIDE , SLOW SCO STILL INDICATING SOUTH WARDS DIRECTION & CCI FACING RESIS JUST NEAR THE SUPP CHANNEL WHICH IS NOW ACTING AS A RESIS....
MONTHLY TREND : HERE COMES THE TROUBLE FOR THE BULLS ...AS WE ALWAYS TELL TRADERS ..ONE NEEDS TO SEE THE MARKET & THINK IN A BROADER PERSPECTIVE & NOT JUST AROUND US...THE MONTHLY PATTERN ALWAYS PLAYS A MAJOR ROLE DURING WILD TWISTS WHICH HAPPENS WHEN THE MARKET TREND IS "simply without an opinion".
*ENDING SESSIONS OF THE WEEK ONCE AGAIN SELLING MAY RESUME*
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