START OF NEW NEO IMPULSE WAVE.GET LONG
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PRICE BREAKOUT IN TODAYS TRADING SESSION @ 916
ALSO PRICE HAS MULTIPLE SUPPORT AROUND 900-905 AREA
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 931 AND ADD IF PRICE COMES @ 916
STOP LOSS OF 904 ON CLOSING BASIS
TARGET 1050.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
ALSO PRICE HAS MULTIPLE SUPPORT AROUND 900-905 AREA
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 931 AND ADD IF PRICE COMES @ 916
STOP LOSS OF 904 ON CLOSING BASIS
TARGET 1050.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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