CMP: 5296
BULLISH CLOSE ABOVE UTL
SMO SAR VERDICT:
1. Balance 50% Shorts closed today @ 5266 (5DEMA has changed dy/dx today)
2. Waiting for 5-10 DEMA now to GO LONG
3. 34EMA , 30mins HAS TRIGGERED LONG TRADE @ 5238 today,
TSL now : @ 5266,
Tgts: 5332 / 5380
4. Close > 5DHEMA (5274) is VERY BULLISH
More Later over the week, bust with Q4 closing !
cheers
BULLISH CLOSE ABOVE UTL
SMO SAR VERDICT:
1. Balance 50% Shorts closed today @ 5266 (5DEMA has changed dy/dx today)
2. Waiting for 5-10 DEMA now to GO LONG
3. 34EMA , 30mins HAS TRIGGERED LONG TRADE @ 5238 today,
TSL now : @ 5266,
Tgts: 5332 / 5380
4. Close > 5DHEMA (5274) is VERY BULLISH
More Later over the week, bust with Q4 closing !
cheers
long since 5150 SL Changed 5107 - 5220 - 5238 part booking at 5340-5380
ReplyDelete@ Sameer: nice trade...
ReplyDeleteNow pls tell me the RULES u followed to ENTER LONG @ 5150 ??
Aim is to find out the logic, if u have a "Faster REVERSAL" DETECTION algo, i am all ears to hear it :-)
My LONG trade (LiFo-Fibbo) was triggered only on Friday @ 5238, almost 90 pts after u ENTERED !
cheers