A TECHNICAL VIEW ON CNX-NIFTY FOR—27.7.2022

 

CNX-NIFTY

 Open—16632.90--High—16636.10—Low—16463.30---Close-16483.85 on 26.7.2022.

Support:16472/16410.20/16376.05/16275.50/16203.25/16172.60/16162.55/16133.57/15991/15986.42/15962.25/15914/15895/15775/15735.75/15671.45/15632.72/15578.55/15566/15513.45/15511.05/15450.90/15431.75/15367.50/15183.40.                                                                                                                                                           

Resistance:16490/16541/16565/16588/16627/16695/16701.95/16752.40/16793.85/16824.70---837/16888.70/16891.70/16894/16995/17006—003/17140/17298/17354.05/17387.15.

 (Bold and underlined figures are most important)

The correction continued for the 2^nd day and it closed with a loss of 147.15 points. Please note that it closed below its important support points of   16541 & 16490 so it has slipped into very short correction mode which is concerning and finally if it moves below 16417(figure will change every day) and sustain on the closing basis that may give indication of the end of the on-going up rally and break below 16382 may deepen the correction, therefore to keep the uptrend hope alive it has to stay above 16417 level else rally may end and down move will begin. Moving down its last most important and critical support range would be 15991---15986.42 and sustained break below this range may accelerate the fall and it may seek much lower levels then. Similarly to resume the up move it has to sustain above the range of 16541---16490---16417 and then a sustained breakout above 16794 may give it a strong up momentum. Moving up it will face resistance at 16490---16541---16698---16720---16752.75---16767---16794---16894---16995---17140---16175---17298---17354.05---17387.15. Similarly moving down key support points are at 16417---16382---15991---15986.42.

The overall technical setup looks good as of now, furthermore some important technical indicators are positive on the daily chart and despite the correction for the last 2days it has not violated any bottom on the line and the bar chart so far, so till it holds it recent bottom and other key points on the downside as mentioned in the above paragraph the up move is likely to continue with in between down correction. Since it is in correction mode therefore be alert in the long trade if it moves below its important point of 16417 and then 16382 and sustain on the closing basis.

In view of the above observation for safe trader’s long trade can be tried if it moves above 16541 and maintains for some time with a stop loss of 16470 and it is suggested to avoid buy on decline for the day. But aggressive traders can also try long trade on decline near 16417 but not below it with a stop loss of 16370.  Although it is in the uptrend but in correction mode now therefore short trade can also be attempted after a reasonable rise or on the price breakdown for intraday corrective gains. Sell on the rise near or within the range of 16570--16620 with a short stop loss of 16670 or sell if it moves below 16417 with a short stop loss of 16495.The short term bias is positive but medium and long term bias is still in danger as of now.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

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.

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. 

Note: Price stated here are of spot market. 

m for strategic guidance to enter and exit trade.

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

 

 

A TECHNICAL VIEW ON CNX-NIFTY FOR—26.7.2022

 

CNX-NIFTY

 Open—16662.55--High—16706.05—Low—16564.25---Close-16631 on 25.7.2022.

Support:16627/16588/16565/16490/16472/16410.20/16376.05/16275.50/16203.25/16172.60/16162.55/16133.57/15991/15986.42/15962.25/15914/15895/15775/15735.75/15671.45/15632.72/15578.55/15566/15513.45/15511.05/15450.90/15431.75/15367.50/15183.40.                                                                                                                                                           

Resistance:16695/16701.95/16752.40/16793.85/16824.70---837/16888.70/16891.70/16894/16995/17006—003/17140/17298/17354.05/17387.15.

 (Bold and underlined figures are most important)

After 6 days of straight rise finally it corrected today and closed with a loss of 88.45 points. The correction may last one or two days more but in correction if it does not break 16541 on the closing basis then it will be okay but if it breaks it then the correction may deepen and break below 16490 may weaken it further and sustained break below 16420(figure will change every day) on the closing basis may give indication of the end of the on-going up rally. Similarly sustained breakout above 16794 may continue the up rally and if it moves above 16894 and sustain on the closing basis then the next potential target could be 17298 levels which may please be noted. The correction was bound to happen and it did happen today but as of now the up move is likely to resume once the correction is over. Moving up it will face resistance at 16698---16720---16752.75---16767---16794---16894---16995---17140---16175---17298---17354.05---17387.15. Similarly moving down key support points are at 16580---16541---16490---16418.

As expected it corrected today but the overall technical setup looks good as of now, furthermore some important technical indicators are positive on the daily chart and most importantly it is making higher top and bottom on the line and bar chart, so the up move is likely to continue provided it holds the key points on the downside as mentioned in the above paragraph. Be alert in the long trade if it moves below its important point of 16541 and then 16490 and sustain on the closing basis.

In view of the above observation for safe trader’s long trade can be tried if it moves above 16720 and maintains for some time with a stop loss of 16670 and it is suggested to avoid buy on decline for the day. But aggressive traders can try long trade if it moves above 16663 and maintain for some time with a stop loss of 16610 or can also try buy on decline near 16541 but not below it with a stop loss of 16480. Although it is in uptrend now but short trade can also be attempted after a reasonable rise or on the price breakdown for intraday corrective gains. Sell on the rise near or within the range of 16775--16800 with a short stop loss of 16860 or sell if it moves below 16540 with a short stop loss of 16640 or sell near if it does not move above 16720 even intraday in first one hour of trade with a stop loss of 16760.The short trade could be a risky bet but worth trying at this juncture. The short term bias is positive but medium and long term bias is still in danger as of now.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

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.

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. 

Note: Price stated here are of spot market. 

m for strategic guidance to enter and exit trade.

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

 

 

A TECHNICAL VIEW ON CNX-BANK NIFTY FOR--26.7.2022

 

CNX-BANK NIFTY

Open—36766.70---High—37011.20---Low—36464.65---Close—36726.40 on 25.7.2022.

Support36718.80/36651.85/36497.35/36375.35/36332/36083.70/35985.25/35926/35810.90/35762/35585.20/35543.10/35511/35481.7035327.90/35081/35016.30/34817.50/34650.95/34528/34327/34287/34233/34018.85/33908.95/33273.95/33080.45/33001/32842.30/32652.15/32415.25/32290.55/32155.35/32115.05/31906.55. 

Resistance36876.35/36993/37238/37471/37581.05/37708.75/37988.60/38134.

(Bold and underlined figures are most important).

After 6 days of straight rise finally it corrected today but very mildly and closed with a meager loss of 12.55 points, this indicates that it is exhibiting tremendous strength. However the correction may last one or two days more but in correction if it does not break 36410 on the closing basis then it will be okay but if it breaks it then the correction may deepen and break below 35897 may weaken further but to severely threaten the on-going up rally it has break below its important and critical range of 35762---35585---35481 and finally sustained break below 35125(figure changes every day) could signal the end of the rally, looking at the technical setup now, chances of breaking so many important points moving downward looks pretty slim at this point of time.  Similarly sustained breakout above 36993 could open up the range up to 38134 on the upside which may please be noted. The correction was bound to happen and it did happened but mild one but as of now the up move is likely to resume once the correction is over. Moving up it will face resistance at 36824---36993---37238---37471---37708.75---37971---38134. Similarly moving down key support points will be at 36266---35850---35762---35585---35481---35112.

The overall short term technical setup looks extremely good as of now, furthermore some important technical indicators are positive on the daily chart and some have turned positive on the weekly chart also which is a huge positive sign and most importantly it is making higher top and bottom on the line and bar chart, so the up move is likely to continue with in between down correction and provided it holds the key points on the downside as mentioned in the above paragraph. Be alert in long trade if it moves below its recent important point of 36410 and sustain on the closing basis.

In view of the above observation for safe trader’s long trade can be tried if it moves above 36825 and maintains for some time with a stop loss of 36700 and it is suggested to avoid buy on decline for the day. But aggressive traders can try long trade if it moves above 36770 and maintain for some time with a stop loss of 36650 or can buy on decline at appropriate points or near 36410 but not below it with a stop loss of 36250. Although it is in uptrend now but short trade can also be attempted after a reasonable rise or on the price breakdown for intraday corrective gains. Sell on the rise near or within the range of 37250---37350 with a short stop loss of 37450 or sell if it moves below 36410 with a stop loss of 36550 .The short trade could be a risky bet but worth trying at this juncture because vertical rise has made it vulnerable for correction now. The short term bias is positive but medium and long term bias is still in danger as of now.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

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.

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.

 Note: Price stated here are of spot market.

Contact me for strategic guidance to enter and exit trade.

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

 

A TECHNICAL VIEW ON CNX-NIFTY FOR—25.7.2022

 

CNX-NIFTY

 Open—16661.25--High—16752.25—Low—16610.90---Close-16719.45 on 22.7.2022.

Support:16701.95/16695/16627/16588/16565/16490/16472/16410.20/16376.05/16275.50/16203.25/16172.60/16162.55/16133.57/15991/15986.42/15962.25/15914/15895/15775/15735.75/15671.45/15632.72/15578.55/15566/15513.45/15511.05/15450.90/15431.75/15367.50/15183.40.                                                                                                                                                           

Resistance:16752.40/16793.85/16824.70---837/16888.70/16891.70/16894/16995/17006—003/17140/17298/17354.05/17387.15.

 (Bold and underlined figures are most important)

It is exhibiting good strength and continued the up move for the 6^th day in a row, but its vertical rise is a concern because a vertical rise may have vertical fall also, therefore if it corrects to some extent in a day or two and then resume the up move then it will be good for the continuation of the up move, else with every rise fear of sharp fall would always be there, because correction is bound to happen with this kind of straight rise. Please note that in correction it should not break below 16541(figure may change) and sustain because then the correction may deepen. Furthermore in next 2 days it could make an attempt to fill the gap also which it left on 20.7.2022 and if it does then it could come down to 16360. However, as of now the up move is likely to continue with intermittent down correction and if it holds 16490 on the closing basis then the next potential upside target could be 16894 and sustained close above it could take it to 17298 levels which may please be noted. Similarly sustained break below 16490 will weaken the rally and sustained break below 16418(figure will change every day) on the closing basis may end this up rally. Moving up it will face resistance at 16767---16794---16894---16995---17140---17175---17298---17354.05---17387.15. Similarly moving down key support points are at 16580---16541---16490---16418.

The overall short term technical setup looks pretty good as of now, furthermore some important technical indicators are positive on the daily chart and most importantly it is making higher top and bottom on the line and bar chart, so the up move is likely to continue provided it holds the key points on the downside as mentioned in the above paragraph. Be alert in long trade if it moves below its important point of 16490 and then 16418 and sustain on the closing basis. It is important to note here that this rally is a pullback rally and it is vertically moving up which is more concerning because it may end abruptly also, so since it already had a good run up one should be extremely cautious and vigilant in the long trade at this point of time.

In view of the above observation for safe trader’s long trade can be tried if it moves above 16753 and maintains for some time with a short stop loss of 16690 and it is suggested to avoid buy on decline for the day. But aggressive traders can also try buy on decline near 16610 but not below it with a stop loss of 16570, please note that long trade below 16570 could be a risky trade for the day, so be watchful in the long trade. Although it is in uptrend now but short trade can also be attempted after a reasonable rise or on the price breakdown for intraday corrective gains. Sell on the rise near or within the range of 16850--16900 with a short stop loss of 16930 or sell if it moves below 16540 with a short stop loss of 16620 or sell near if it does not move above 16753 even intraday in first one hour of trade with a stop loss of 16800.The short trade could be a risky bet but worth trying at this juncture because vertical rise has made it vulnerable for correction now. The short term bias is positive but medium and long term bias is still in danger as of now.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

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.

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. 

Note: Price stated here are of spot market. 

m for strategic guidance to enter and exit trade.

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

 

 

A TECHNICAL VIEW ON CNX-BANK NIFTY FOR--25.7.2022

 

CNX-BANK NIFTY

Open—36322.90---High—36823.45---Low—36286.35---Close—36738.95 on 22.7.2022.

Support 36718.80/36651.85/36497.35/36375.35/36332/36083.70/35985.25/35926/35810.90/35762/35585.20/35543.10/35511/35481.7035327.90/35081/35016.30/34817.50/34650.95/34528/34327/34287/34233/34018.85/33908.95/33273.95/33080.45/33001/32842.30/32652.15/32415.25/32290.55/32155.35/32115.05/31906.55.

 

Resistance 36876.35/36993/37238/37471/37581.05/37708.75/37988.60/38134.

(Bold and underlined figures are most important).

It is exhibiting robust strength and continued the up move for the 6^th day in a row, but its vertical rise is a concern because a vertical rise may have vertical fall also, therefore if it corrects to some extent in a day or two and then resume the up move then it will be good for the continuation of the up move, else with every rise fear of sharp fall would always be there, because correction is bound to happen with this kind of straight rise. Please note that in correction it should not break below 36266(figure may change) and sustain because then the correction may deepen. Furthermore in next 2 days it could make an attempt to fill the gap also which it left on 20.7.2022 and if it does then it could come down to 35762. However, as of now the up move is likely to continue with intermittent down correction and if it moves above 36993 and sustain on the closing basis then the next potential upside target could be 38134. Similarly sustained break below its critical range of 35762---35585---35481 will weaken the rally and sustained break below 35112(figure will change every day) on the closing basis may end this up rally. Moving up it will face resistance at 36993---37238---37471---37708.75---37971---38134. Similarly moving down key support points will be at 36266---35850---35762---35585---35481---35112.

The overall short term technical setup looks extremely good as of now, furthermore some important technical indicators are positive on the daily chart and some have turned positive on the weekly chart also which is a huge positive sign and most importantly it is making higher top and bottom on the line and bar chart, so the up move is likely to continue with in between down correction and provided it holds the key points on the downside as mentioned in the above paragraph. Be alert in long trade if it moves below its recent important point of 36266 and sustain on the closing basis. It is important to note here that this rally is a pullback rally and it is vertically moving up which is more concerning because it may end abruptly also, so since it already had a good run up one should be extremely cautious and vigilant in the long trade at this point of time.

In view of the above observation for safe trader’s long trade can be tried if it moves above 36825 and maintains for some time with a short stop loss of 36670 and it is suggested to avoid buy on decline for the day. But aggressive traders can also try buy on decline at appropriate points or near 36266 but not below it with a stop loss of 36050, please note that long trade below 36266 could be a risky trade for the day, so be watchful in the long trade. Although it is in uptrend now but short trade can also be attempted after a reasonable rise or on the price breakdown for intraday corrective gains. Sell on the rise near or within the range of 37275---37350 with a short stop loss of 37450 or sell if it moves below 36266 with a short stop loss of 36400 or sell near if it does not move above 36825 even intraday in first one hour of trade with a stop loss of 37000.The short trade could be a risky bet but worth trying at this juncture because vertical rise has made it vulnerable for correction now. The short term bias is positive but medium and long term bias is still in danger as of now.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

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.

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.

 Note: Price stated here are of spot market.

Contact me for strategic guidance to enter and exit trade.

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

 

A TECHNICAL VIEW ON CNX-BANK NIFTY FOR--22.7.2022

 

CNX-BANK NIFTY

Open—36026.55---High—36331.70---Low—35887.35---Close—36201 on 21.7.2022.

Support36083.70/35985.25/35926/35810.90/35762/35585.20/35543.10/35511/35481.7035327.90/35081/35016.30/34817.50/34650.95/34528/34327/34287/34233/34018.85/33908.95/33273.95/33080.45/33001/32842.30/32652.15/32415.25/32290.55/32155.35/32115.05/31906.55.

 

Resistance36332/36375.35/36497.35/36651.85/36718.80/36876.35/37232.20/37581.05/37708.75/37988.60.

(Bold and underlined figures are most important).

It is exhibiting good strength and in last 5 days it has vertically moved up by more than 1850 points intraday, please note that a vertical rise may have vertical fall, therefore if it corrects to some extent in a day or two and then resume the up move then it will be good for the continuation of the up move, else fear of sharp fall would always be there. Furthermore in next 3 days it could make an attempt to fill the gap also which it left on 20.7.2022 and if it does then it could come down to 35762. However as on now the up move is likely o continue with intermittent down correction as long as it holds the range of 35762---35585---35481 on the closing basis. Moving up it will face resistance at 36375.35---36497.35---36651.81---36718.80---36993---37238.

The overall short term technical setup looks good as of now, furthermore some important technical indicators are positive on the daily chart and most importantly it is making higher top and bottom on the line and bar chart, so the up move is likely to continue provided it holds the key points on the downside as mentioned in the above paragraph. Be alert in long trade if it moves below its important range of 35762---35585---35481 and sustain on the closing basis. It is important to note here that this rally is a pullback rally and it is vertically moving up which is more concerning because it may end abruptly also, so since it already had a good run up one should be extremely cautious and vigilant in the long trade at this point of time.

In view of the above observation for safe traders long trade can be tried if it moves above 36332 and maintains for some time with a stop loss of 36150 it is suggested to avoid buy on decline for the day. But aggressive traders can also try buy on decline near 35890 but not below it with a stop loss of 35700 or finally near or within the range of 35762---35585---35481 with a stop loss of 35350. Please note that long trade below 35890 could be a risky bet for the day, so be watchful in the long trade below this mark. Although it is in short term uptrend now but short trade can also be attempted after a reasonable rise or on the price breakdown for intraday corrective gains. Sell on the rise near or within the range of 36650---36700 with a short stop loss of 36800 or sell below 35890 with a short stop loss of 35980. The short trade could be a risky bet but worth trying at this point of time. The short term bias is positive but medium and long term bias is still bearish as of now.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

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.

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.

 Note: Price stated here are of spot market.

Contact me for strategic guidance to enter and exit trade.

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

 

A TECHNICAL VIEW ON CNX-NIFTY FOR—22.7.2022

 

CNX-NIFTY

 Open—16523.55--High—16626.95—Low—16483.90---Close-16605.25 on 21.7.2022.

Support:16588/16565/16490/16472/16410.20/16376.05/16275.50/16203.25/16172.60/16162.55/16133.57/15991/15986.42/15962.25/15914/15895/15775/15735.75/15671.45/15632.72/15578.55/15566/15513.45/15511.05/15450.90/15431.75/15367.50/15183.40.                                                                                                                                                           

Resistance:16627/16695/16701.55/16752.40/16793.85/16824.70---833---837/16888.70/16891.70/16894/17006--003.

 (Bold and underlined figures are most important)

It is exhibiting good strength and in last 5 days it has vertically moved up by almost 700 points intraday, please note that a vertical rise may have vertical fall, therefore if it corrects to some extent in a day or two and then resume the up move then it will be good for the continuation of the up move, else fear of sharp fall would always be there. Furthermore in next 3 days it could make an attempt to fill the gap also which it left on 20.7.2022 and if it does then it could come down to 16360. However as on now the up move is likely o continue with intermittent down correction as long as it holds 16417(figure changes every day) on the closing basis. Moving up it will face resistance at 16649—16695---16767---16794---16894---16995---17140---17298---17354.05---17387.15.

The overall short term technical setup looks good as of now, furthermore some important technical indicators are positive on the daily chart and most importantly it is making higher top and bottom on the line and bar chart, so the up move is likely to continue provided it holds the key points on the downside as mentioned in the above paragraph. Be alert in long trade if it moves below its important point of 16417 (it changes every day) and sustain on the closing basis. It is important to note here that this rally is a pullback rally and it is vertically moving up which is more concerning because it may end abruptly also, so since it already had a good run up one should be extremely cautious and vigilant in the long trade at this point of time.

In view of the above observation for safe traders it is suggested to avoid long trade for the day. But aggressive traders can try long trade if it maintains above 16627 for some time with a stop loss of 16570 or can try buy on decline near 16417 but not below it with a stop loss of 16350, please note that long trade below 16570 could be a risky trade for the day, so be watchful in the long trade. Although it is in short term uptrend now but short trade can also be attempted after a reasonable rise or on the price breakdown for intraday corrective gains. Sell on the rise near or within the range of 16750--16795 with a short stop loss of 16830 or sell if it stays below 16570 with a short stop loss of 16630. The short trade could be a risky bet but worth trying at this juncture. The short term bias is positive but medium and long term bias is still negative as of now.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

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.

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. 

Note: Price stated here are of spot market. 

m for strategic guidance to enter and exit trade.

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.