THE COUNTER WAS HOLDING 1190 LEVEL ON CLOSING BASIS SUCCESSFULLY. TODAY IT WITNESSED GAP DOWN OPENING AND GAVE A VERY WEAK CLOSE BELOW 1190 LEVEL. TODAY'S MOVE WAS WELL SUPPORTED BY THE VOLUMES. WE EXPECT THE COUNTER IS ON THE VERGE OF COMMENCING ITS SHORT TERM DOWN TREND AND MAY SHOW WEAKNESS IN SESSIONS AHEAD. RECOMMEND SELL AT 1178 WITH THE SL OF 1216 TGT 1110-1100 IN MEDIUM SHORT TERM.
No comments:
Post a Comment