Daily Chart
Daily Chart
The fall continued sending the stochastics into the oversold zone.Oscillators are weak and it will be a sell on rise startegy.The oversold stochastics may lead to a small pullback which may be restricted by the flag forming.This is a continuation pattern and should ultimately breakout on the upside.However the broken rising wedge target of 4750 needs to be kept in mind.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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