WILL WE HAVE ANOTHER BUDGET DAY RALLY?
1. 38100-38450 is supply zone. Any close above 38500 would give more power to Bulls. (Trend Line Break Out)
2. Above 38500, 38850/39100/39800 would be highly likely targets.
2. 37550 is a short term support. Any closing below this level may see some selling pressure with supports at 37150/37000/36900
3. Major supports at 36500 & 36100 (App. 200MA)
4. Plan for Budget only after Monday closing. But personally I am bullish on Banks for coming quarter.
5. Levels are speculations. Please consult your financial advisor trading purpose.
Last year we had an amazing bull run on Budget day. Will it repeat? Share your view in comment section! :-)
2. Above 38500, 38850/39100/39800 would be highly likely targets.
2. 37550 is a short term support. Any closing below this level may see some selling pressure with supports at 37150/37000/36900
3. Major supports at 36500 & 36100 (App. 200MA)
4. Plan for Budget only after Monday closing. But personally I am bullish on Banks for coming quarter.
5. Levels are speculations. Please consult your financial advisor trading purpose.
Last year we had an amazing bull run on Budget day. Will it repeat? Share your view in comment section! :-)
Trade ist aktiv:
Reached high of 38802. Still holding. Let's see tomorrow!
Trade ist aktiv:
39177 high so far. 2nd Target done. Now looking for final target of 39800.
Trade ist aktiv:
High of 39386. Expectations almost fulfilled! :-)