ASCENDING CHANNEL ON HOURLY CHART IN PSU BANK INDEX
Diupdate
THIS HOURLY CHART PANEL SHOWS CRUCIAL POINTS
THIS MEANS THAT THE INDEX HAS ACTUALLY TRADING IN A
RANGE WHICH IS VISIBLE IN STOCKS LIKE:-
SBIN,CANBK,BOB,BOI
IF YOU WATCH INDIVIDUAL CHARTS MKT MOVES FROM BOTTOM TO TOP AND SO FOURTH BUT CREATING GRADUALLY(HIGHER HIGH AND HIGHER LOWS)
TRENDLINE BREAK WILL TEST 3190-50
UPSIDE THERE IS CHANCE OF TEST 3350
BUY CANBK @278.5
STOP@273.85
TARGET@288
LOT:2000
QTY:1
BUY SBI @306
STOP@304.15
TARGET@311.5
LOT:3000
QTY:1
THIS MEANS THAT THE INDEX HAS ACTUALLY TRADING IN A
RANGE WHICH IS VISIBLE IN STOCKS LIKE:-
SBIN,CANBK,BOB,BOI
IF YOU WATCH INDIVIDUAL CHARTS MKT MOVES FROM BOTTOM TO TOP AND SO FOURTH BUT CREATING GRADUALLY(HIGHER HIGH AND HIGHER LOWS)
TRENDLINE BREAK WILL TEST 3190-50
UPSIDE THERE IS CHANCE OF TEST 3350
BUY CANBK @278.5
STOP@273.85
TARGET@288
LOT:2000
QTY:1
BUY SBI @306
STOP@304.15
TARGET@311.5
LOT:3000
QTY:1
Catatan
CHANNEL BROKEN IF CLOSES BELOW THE TRENDLINE IN 30 MINS SHORTS WILL BE ACTIVECatatan
trades failed but psu index levels were reached
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*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
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