Index on 10.4.2014 12,949.40
The index is in great momentum and I feel that down correction is over therefore going up it will find resistance at 13,150 / 13,303.60 / 13,414.30 and the support level exist at 12,869.35 / 12,806 / 12742 /
REMARKS;- The index has huge volatility and has gone up by around 600 points in four trading days so it may consolidate here or may give minor correction also and then may continue the up move,so one can wait for a long call now but those who are aggressive trader and want to go long now should have stop-loss of 12,850.Please note that do not remain long below 12,430 in any case.
The index is in great momentum and I feel that down correction is over therefore going up it will find resistance at 13,150 / 13,303.60 / 13,414.30 and the support level exist at 12,869.35 / 12,806 / 12742 /
REMARKS;- The index has huge volatility and has gone up by around 600 points in four trading days so it may consolidate here or may give minor correction also and then may continue the up move,so one can wait for a long call now but those who are aggressive trader and want to go long now should have stop-loss of 12,850.Please note that do not remain long below 12,430 in any case.
NOTE:-1.PRICE STATED
HERE IS OF SPOT MARKET.
2.RECOMMENDATIONS
ARE VALID TILL THE STOP LOSS IS TRIGGERED.
3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION.
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me for strategic guidance to
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