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Crude fell 5% from yesterday's high which is a good sign. As said either of market was giving false breakout. To confirm on to this crude needs to trade below 110-108.
Either of the market is giving fake breakout we will come to know eventually.
So profits book karte chalo and loss making trades ko exit karte chalo.
If markets want to rally and this rally is real then crude needs to cool down. Which as of now isn't visible. This is reason we are cautious to share any setup with you guys.
Don't fall for buying anything at any price. Markets are not co-relating. Curde is trading at $120+ a barrel , on the other hand markets are also going up. So if you get any opportunity to exit your loss making trades Do it and sit with cash.
AWHCL
For fresh buys
Buy CMP 280-290
TGT 350-380
SL 7-8% from entry price as market on chart.
#update
no fresh buys
Margin position, 20% on capital reaped in a month :)
Patience and discipline
MTF Buy
PowerIndia Trade Update
Deployed Capital 66k
Running Profit 8.8k
#update
No freshbuys.
There will be again opportunity we will let you know and this time it seems it will move huge. Hopefully.
Those holding keep holding. Rest we will let you know for fresh entry.
As shown in swing reading. See how markets exactly reversed. Can refer our earlier messages.
Now smartly use this to reshuffle trades and exit on to loss making trades and shift to profitable trades.
We have listed some setups will be sharing once confirms.
As of now not giving new setups markets yet not confirm for bottom. No meaning in doing adventure. Once it confirms for upside then can only see some setups to bet on.
This can be considered. Results coming stay cautious.
Buy - 70-72
Tgt - 20-25% upside
SL - 5%
Worst Case SL - Daily close below 64
Those want to know reason. Can go through this chart. 75Min breakout and retest.
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