It almost done or near to 1180 , So can we do long position for TGT 1345 ,1365 or wait for coming week to touch 1180
InsiderB
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Price should breakthrough 1200-1210 zone to reach 1180's then we need to decide what happens in that zone. We need to remember Fed Meeting is around Jun16-17
yeoledinesh
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Thanks sir
LewisGlasgow
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Great share, ties in nicely with my analysis below
InsiderB
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Yes,Thanks ! The channel also forming around same area, Good Eye @Lesglasgow !
LewisGlasgow
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Thank you, we'll see how it plays out!
yeoledinesh
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What to do now with current stage , as its already touch@1300 made a 52W high, So can we go for long or else take position of short. Please share Tentative TGT for both scenarios.
InsiderB
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Dinesh, Lets wait for weekly close above 1300's and we can enter on Pullback to go long. For Short positions, Entry @ 1280's with Stops @ 1350's and target of 1180's Note : Short entry is Aggressive !
InsiderB
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For swing entry(Long) @ 1270's with targets above 1280's (trailing profits is better) n Stops @ 1265