Tuesday, 17 February 2015

BSE-SENSEX---Technical View For----18-2-2015

BSE- Sensex closed at 29135.88 on 16-2-2015


SUPPORT: - 28822.37 / 28731 / 28469 / 28406 / 28064.49 / 28044 / 27851 / 27739 / 27499.42 / 27485.77 / 27203.25 / 27091 / 26776.12 / 26469.42.

RESISTANCE: - 29144 / 29160 / 29183 / 29278 / 29420 / 29844.15 / 30315.

 (Figures in bold are important)

Sensex opened with a small up gap at 29170.77 and made a low of 29083 and in this process it has filled the gap also which is good and then it made a high of 29325.35, crossing the multiple top range of 29278 and  retracing more than 70% of the recent fall and finally closed at 29135.88 Technically it is looking good but  the noticeable thing today was that, it crossed the multiple top range of 29278 and retraced more than 70% of the recent fall  but could not sustain at higher level and closed not very far away from the low of the day  which is creating a question mark that this on-going up rally may either take a breather or get exhausted here until and unless  it moves above 29420 mark and stays, therefore I would suggest to book at least part profit here and on the rise too in existing long trade  and take fresh long call only if it moves above 29420 and stays because then it can possibly surpass its previous high of 29844.16 in coming days. Please note that it has critical support at 28822.37 so fresh long call should be avoided below this for sure and the authentic stop loss for positional long call is also below this mark.  It is advisable to exit long trade if it consistently starts trading below 28920 on 18-2-2015.

Going up it will face resistance at 29183 / 29280 & 29420 level and moving down it will have support at 28822.37 & 28731.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. It is suggested to book part profit on existing long trade here and on the rise too and take fresh long call if it moves above 29420 and stays.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.


Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



Trading Calls For-18-2-2015


Saturday, 14 February 2015

NIFTY--Technical View---16-2-2015

NIFTY CLOSED AT 8805.50 ON 13-2-2015

SUPPORT: - 8795 / 8733 / 8671 / 8626.95 / 8593 / 8535.35 / 8470 / 8445.6 / 8364 / 8282.70 / 8272.80 / 8236 / 8180 / 8160 / 8147.95 / 8065.45 / 7961.35.

 RESISTANCE: - 8808.90 / 8822.10 / 8841 / 8873 / 8996.60 / 9040 / 9065 / 9338.

Range for the week ended 13-2-2015:-8470.50---8822.10

(Figures in bold are important)

Nifty had a good run during the week under review and closed the weekend  near the high at 8805.50 .It is showing good strength on the technical chart therefore fresh long call can be initiated above 8809 & 8822.10 with a stop loss of below 8780 .I would like to mention here that it can face stiff resistance  at 8841(multiple top range) and then at 8873 which is 76.40% retracement point of the total fall from the top of 8996.60 and bottom of 8470.50 and if it cross this mark of 8873 and stays then it can possibly surpass its previous  high of 8996.60 in coming days, chances of which are looking ok as of now. Please note that fresh call should be avoided below 8800 and the authentic stop loss for positional long call would be below 8710 as of now (it keeps on changing with price movement).The critical support for it exist at 8626.95 which may please note.

Going up it will face resistance at 8841/8873 & 8996.60 and moving down it will have support at 8795 / 8700 / 8658 & 8626.95. 

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. The pull back rally is on therefore long call can be tried as suggested above.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.


Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



CNX-BANK INDEX--Technical View--16-2-2015

CNX-Bank Index closed at 19369.70 on 13-2-2015

SUPPORT: - 19166 /18923.60 / 18736.65 / 18728.20 /18428 / 18226 / 18211.50 / 18183 / 17890 / 17502.45.

RESISTANCE: - 19445 / 19568 / 19778.95 / 19844 / 19884 / 19992 / 20275 / 20610 / 20907.55

Range for the week ended 13-2-2015:-18226.90---19441

(Figures in bold are important)

Index had a good run during the week under review and closed the weekend with good gain at 19369.70 .It is showing strength on the technical chart but it will gather real momentum if it moves above 19575 on 16-2-2015 and stays, however fresh long call can be initiated above 19445 with a stop loss of below 19340 .I would like to mention here that going up it can face  resistance  at 19575 / 19780 / 19884 / 20275 &20610 and if it manages to cross 20275 mark  and stays then it can possibly surpass the previous all time high of 20907.55 in coming days, chances of which are looking 50:50 as of now because its retracement speed is much slower in comparison with Nifty & BSE-Sensex . Please note that the authentic stop loss for positional long call would be below 19220 as of now (it keeps on changing with price movement). Its critical support levels are at 18923.60 / 18736.65 & 18728.20 below these points long call should be completely avoided.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. The pull back rally is on therefore long call can be tried as suggested above.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.


Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



BSE-SENSEX--Technical View---16-2-2015

BSE- Sensex closed at 29094.93 on 13-2-2015

SUPPORT: - 28822.37 / 28731 / 28469 / 28406 / 28064.49 / 28044 / 27851 / 27739 / 27499.42 / 27485.77 / 27203.25 / 27091 / 26776.12 / 26469.42.

RESISTANCE: - 29144 / 29160 / 29183 / 29278 / 29420 / 29844.15 / 30315.

Range for the week ended 13-2-2015:-28044.49---29154.67

 (Figures in bold are important)

Sensex had a good run during the week under review and closed the weekend with good gain at 29094.93 .It is showing strength on the technical chart but it will gather real momentum if it moves above 29278 and stays, however fresh long call can be initiated above 29154.67 with a stop loss of below 29080 . I would like to mention here that it can face resistance at 29278(which is a short of multiple top range) and then at 29420 which is 76.40% retracement point of the total fall from the top of 29844.16 and bottom of 28044.49 however if it cross this mark of 29420 and stays then it can possibly surpass the previous high of 29844.16 in coming days, chances of which are looking o.k as of now. Please note that it has critical support at 28822.37 so fresh long call should be avoided below this for sure and the authentic stop loss for positional long call is also below this mark .

Going up it will face resistance at 29183 / 29280 & 29420 level and moving down it will have support at 28822.37 & 28731.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. The pull back rally is on therefore long call can be tried as suggested above.  

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



Trading Calls For--16-2-2015


Thursday, 12 February 2015

Nifty--Technical View--13-2-2015

NIFTY CLOSED AT 8711.55 ON 12-2-2015

SUPPORT: - 8662 / 8626.95 / 8535.35 / 8445.6 / 8350 / 8282.70 / 8272.80 / 8205 / 8180 / 8160 / 8147.95 / 8065.45 / 7961.35.

 RESISTANCE: - 8733 / 8796 / 8802.50 / 8808.90 / 8841 / 8996.60 / 9039 / 9061 / 9704.

(Figures in bold are important)

Nifty opened with a up gap at 8676.95 and made a low of 8599.25 and while making low it filled the gap also it moved in a range for quite some-time and thereafter shot up and made a high of 8732.55 before closing the day at 8711.55. It held the critical level of 8626.95 pretty well and closed way above it, which shows strength therefore this rally can extend to 8734 / 8809 & 8873 before it get exhausted, here please note that if it manages to move above 8720 and stay then it will get good strength and finally if it moves above 8809 mark and stay then it will resume the real up momentum again. Therefore it is suggested to hold the existing long position with a stop loss of below 8620 and fresh long position can be added if it maintains above 7720 with a stop loss of below 8640. Please note that below 8626.95 long  call should be completely avoided.

Going up it will face resistance at 8733 / 8796 / 8809 & 8841 and moving down it will have support at 8672 / 8626.95 / 8584 / 8526 / 8445.60 / 8364.75 / 8272 / 8220. 

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. It seems that the pull back rally is on therefore long call can be tried as suggested above.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.
Contact me for strategic guidance to enter and exit the trade.



CNX-Bank Index--Technical View---13-2-2015

CNX-Bank Index closed at 19128.60 on 12-2-2015

SUPPORT: - 18923.60 / 18736.65 / 18728.20 / 18479 / 18428 / 18300 / 18211.50 / 18183 / 17890 / 17502.45.

RESISTANCE: - 19166 / 19445 / 19779 / 19844 / 19991.40 / 20610 / 20907.55 / 21097 / 21360.

(Figures in bold are important)

Index opened with a up gap at 19073.45 and made a low of 18739.85 and while making low it filled the gap also, it moved in a range for quite some-time and thereafter shot up and made a high of 19176.80 before closing the day at 19128.60. It held the critical level of 18923.60 pretty well and closed way above it today, which shows strength therefore this rally can extend to these levels 19252 / 19568 / 19779 / 19884 & 20275 before it get exhausted, here please note that if it manages to move above 19550 and stay then it will resume the real up momentum again. Therefore it is suggested to hold the existing long position with a stop loss of below 18923. Aggressive trader can try fresh long call above 19180 with a stop loss of below 19100 on 13-2-2015. Please note that below 18923 long call should be completely avoided.

Going up it will resistance at 19251 / 19570 & 19884 and moving down it will have support at 18923.60/ 18728 / 18403 / 18211 / 17890 & 17502.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. It seems that the pull back rally is on therefore long call can be tried as suggested above.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



BSE-Sensex--Technical View---13-2-2015

BSE- Sensex closed at 28805.10 on 12-2-2015

SUPPORT: - 28731 / 28406 / 28064.49 / 28044 / 27851 / 27739 / 27499.42 / 27485.77 / 27203.25 / 27091 / 26776.12 / 26469.42.

RESISTANCE: - 28822.37 / 29157 / 29183 / 29278 / 29420 / 29844.15.

(Figures in bold are important)

Sensex opened with a up  gap at 28650.25 and made a low of 28406.25 and while making low it filled the gap also and then it moved in a range for quite some-time and thereafter shot up and made a high of 28838.52 before closing the day at 28805.10. It had a positive day today but it still closed just below its critical point of 28822.37 whereas Nifty & CNX Bank Index have closed way above  their critical level today,  seeing today’s move it is expected that hopefully sensex will also follow them too. It is therefore suggested to try long call only if it moves above 28822.37 and stays with a stop loss of below 28625. Please note that it will gather real up momentum if it moves above 29280 and stays.

Going up it will face resistance at  28822.37 / 29183 & 29280 level and moving down it will have support at 28731 / 28406 / 28044 / 27940 / 27751 / 27485.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. Pull back rally is on but long call should only be tried above 28822.37.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.
Contact me for strategic guidance to enter and exit the trade.




Trading Calls For-13-2-2015


Wednesday, 11 February 2015

Trading Calls For-12-2-2015


Nifty-Technical View--12-2-2015

NIFTY CLOSED AT 8627.40 ON 11-2-2015

SUPPORT: - 8626.95 / 8535.35 / 8445.60 / 8350 / 8282.70 / 8272.80 / 8205 / 8180 / 8160 / 8147.95 / 8065.45 / 7961.35.

 RESISTANCE: - 8662 / 8733 / 8796 / 8802.50 / 8808.90 / 8841 / 8996.60 / 9039 / 9061 / 9704.

(Figures in bold are important)

Nifty opened on a positive note at 8603.30 and made a low of 8593.65 and a high of 8651.95 for the day before closing the day at 8627.40. Since It has closed just above its most critical level of 8626.95 today therefore as long as if hold this level this pull back rally may go to the following levels 8672 / 8734 / 8809 & 8873 before it get exhausted, but if it manages to move above 8720 as of now and stay then it will get deep strength and finally if it moves above 8809 mark and stay then it will resume the real up momentum again. Therefore hold existing long trade above 8626.95 and can add fresh long position also above this with a stop loss of below 8584. Please note if it consistently starts trading below 8626.95 then avoid fresh long call for sure instead try short call then with a stop loss of above 8650 for a target of 8526.

Going up it will face resistance at 8672 / 8733 / 8796 / 8809 & 8841 and moving down it will have support at 8626.95 / 8584 / 8526 / 8445.60 / 8364.75 / 8272 / 8220. 

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. Since it is correcting now therefore it suggested to avoid long call till it gives visible indication of correction completion. The aggressive trader can try both long and short call as suggested above.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.
Contact me for strategic guidance to enter and exit the trade.



CNX-Bank Index--Technical View---12-2-2015

CNX-Bank Index closed at 18929.05 on 11-2-2015

SUPPORT: - 18923.60 / 18736.65 / 18728.20 / 18479 / 18428 / 18300 / 18211.50 / 18183 / 17890 / 17502.45.

RESISTANCE: - 19166 / 19445 / 19779 / 19844 / 19991.40 / 20610 / 20907.55 / 21097 / 21360.

(Figures in bold are important)

Index opened on a positive note at 18890.75 and the open was the low also for the day and thereafter it made a high of 19051.80 for the day before closing the day at 18929.05     . Today it has closed just above its most critical level of 18923.60  therefore as long as it hold this level the on-going pull back rally may go to these levels 19252 / 19568 / 19779 / 19884 & 20275 before it get exhausted but if it manages to move above 19550 as of now and stay then it will resume  the up momentum again. Therefore hold existing long trade above 18923.60 and can add fresh long position also above this with a stop loss of below 18850. Please note that if it consistently starts trading below 18923.60 avoid long call for sure instead and try short call  with a stop loss of above 19080 for a target of 18728 and if it starts trading below 18728 mark then fresh short position can be taken with a stop loss of above 18750 for a target of 18410.

Going up it will resistance at 19251 / 19570 & 19884 and moving down it will have support at 18923.60/ 18728 / 18403 / 18211 / 17890 & 17502.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. Since it is correcting now therefore it suggested to avoid long call till it gives visible indication of correction completion. The aggressive trader can try both long and short call as suggested above.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



Tuesday, 10 February 2015

Trading Calls For--11-2-2015


Nifty--Technical View--11-2-2015

NIFTY CLOSED AT 8565.55 ON 10-2-2015

SUPPORT: - 8535.35 / 8445.60 / 8350 / 8282.70 / 8272.80 / 8205 / 8180 / 8160 / 8147.95 / 8065.45 / 7961.35.

 RESISTANCE: - 8626—8600 / 8753 / 8777 / 8802.50 / 8808.90 / 8841 / 8996.60 / 9039 / 9061 / 9704.

(Figures in bold are important)

Nifty opened gap down at 8478.10 and made a low of 8470.50 and thereafter shot up and made a high of 8646.26 but could not sustain at the higher level and slipped down and came near the low of the day again and finally closed in the positive zone after 7 days of fall which was expected and in this process it has also filled the today’s gap as well as the gap it left yesterday. It exhibited extreme volatility today and this is expected to continue till the Union Budget. However today’s up move was just a pull back and this may last for 2-3 days at the maximum or may get over tomorrow also . Therefore it is suggested to try long call only if it moves above 8626.95 and maintains and note that it will regain momentum only above 8750 as of now. Short call can be tried on the rise but below 8626.95 with a stop loss of above 8650 or below 8526 with a stop loss of above 8670 for a target of 8445 & 8420. Please note that below 8626.95 the next critical support for nifty is at 8772—8220 range. The bias is on the down side as of now.

Going up it will face resistance at 8627 / 8646 / 8753 / 8777 / 8809 & 8841 and moving down it will have support at 8530 / 8445.60 / 8364.75 / 8272 / 8220. 

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. Since it is correcting now therefore it suggested to avoid long call till it gives visible indication of correction completion. The aggressive trader can try both long and short call as suggested above.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



CNX-Bank Index--Technical View--11-2-2015

CNX-Bank Index closed at 18752.50 on 10-2-2015

SUPPORT: - 18736.65 / 18728.20 / 18479 / 18428 / 18300 / 18211.50 / 18183 / 17890 / 17502.45.

RESISTANCE: - 18923.60 / 19166 / 19445 / 19779 / 19844 / 19991.40 / 20610 / 20907.55 / 21097 / 21360.

(Figures in bold are important)

Index opened with a gap down at 18242.95 and made a low of 18226.90 and thereafter it shot up and made a high of 18933.70 before closing the day at 18752.50 in this volatile movement today it has filled the gap of today as well as the gap it left on yesterday. Today’s up-move was just a pull back as of now and this may continue for 2-3 days or may get over tomorrow also. Since it has closed above its 2nd critical level of 18736.65 &18728.20 so long call can be tried here with a stop loss of below 18700 but note that it will regain momentum only if it moves above 18923.60 and maintains, therefore it is suggested to see that whether it hold 18728 or not in 1st hour of trade tomorrow if it does then try long call with aforesaid stop loss, below 18700 long call should be completely avoided. The aggressive trader can attempt short call below 18728 with a stop loss of above 18800 or below 18403 with a stop loss of above 18450 for a target of 18211. The very important support level for it now exist at 18211 and break below this can drag it down to 17500 mark. The bias as of now is on the down side

Going up it will resistance at 18923.60 & 19166 and moving down it will have support at 18728 / 18403 / 18211 / 17890 & 17502.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. Since it is correcting now therefore it suggested to avoid long call till it gives visible indication of correction completion. The aggressive trader can try both long and short call as suggested above.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.



BSE-Sensex--Technical View--11-2-2015

BSE- Sensex closed at 28355.62 on 10-2-2015

SUPPORT: - 28064.49 / 27851 / 27739 / 27499.42 / 27485.77 / 27203.25 / 27091 / 26776.12 / 26469.42.

RESISTANCE: - 28566.50 / 28647.14 / 28718 / 28822.37 / 29144 / 29183 / 29278 / 29844.15.

 (Figures in bold are important)

Sensex opened gap down at 28122.48 and made a low of 28044.49 and thereafter shot up and made a high of 28633.72 but could not sustain at the higher level and slipped down and came near the low of the day again and finally closed the day on a positive note after 7 days of fall which was expected and in this process it has also filled the gap it created today as well as the gap it left yesterday. It exhibited extreme volatility today and this is expected to continue till the Union Budget. However today’s up move was just a pull back and this may last for 2-3 days at the maximum or may end tomorrow also . Therefore it is suggested to try long call only if it moves above 28822.37 and maintains and note that it will regain momentum only above 29240 as of now. Short call can be tried on the rise but below 28570 with a stop loss of above 18650 or below 28220 with a stop loss of above 28270 for a target of 27940 & 27800. Please note that below 28822 the next critical support for sensex is at 27940 / 27485---27400. The bias is on the down side as of now.

Going up it will face resistance at 28566.50 / 28647.14 / 28718 /  28822.37 / 29183 & 29280 level and moving down it will have support at 28064 / 27940 / 27751 / 27485.

Kindly note that profit should also be booked in trade from time to time at the appropriate points so that you can take advantage of the market swings.

REMARK:- Long term up trend is still intact. Since it is correcting now therefore it suggested to avoid long call till it gives visible indication of correction completion. The aggressive trader can try both long and short call  as suggested above.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Note: Price stated here is of spot market.

Contact me for strategic guidance to enter and exit the trade.