federal bank looks bearish in short to medium term

2017年8月20日

In daily, first it broke the horizontal support, then moved up to touch the broken support, now acted as a resistance, and price moving down, after touching the horizontal resistance and trend line resistance.

sl - 113, 1st tgt - 103.

after a long consolidation, BB expansion and BB is moving down.

Note: this is not a fno call, I am sharing my view only.

2017年8月23日

交易开始

going down closed at 105.30

2017年8月25日

交易手动结束

long term trend is quite bullish here, in weekly, it is near ascending channel support.


It is better to close the short position here.

2017年9月14日

注释

in weekly, after bouncing from the ascending channel, price moving up steadily, till now 113.60,