Yesterday Nf gives a good Breakout above all its resistence Zone.
As I mention the Level of 5365 & Nf opens above it & remains above it for the full day.
So we are long in nf @ 5400.
I have book out 1 lot @ 5500 & holding the second one with trailing sl of 5450 now.
My Target of 4800 in March series is intact.
I have bought 5200 pe yesterady & add 5400 Pe near to 5600.
I start shorting whenever Nf shows any weakness on closing basis.
I will mention here when to create Short positions.
As I mention the Level of 5365 & Nf opens above it & remains above it for the full day.
So we are long in nf @ 5400.
I have book out 1 lot @ 5500 & holding the second one with trailing sl of 5450 now.
My Target of 4800 in March series is intact.
I have bought 5200 pe yesterady & add 5400 Pe near to 5600.
I start shorting whenever Nf shows any weakness on closing basis.
I will mention here when to create Short positions.
basis for 4800 ? just a gut feel ?
ReplyDeleteany logic or analysis for 4800?
any chart reading for 4800?