A complex correction from 18600 to 15600. Then now an evening star and a reversal pattern formed at 17400 which might see confirmation on Monday. Target now for nifty might be 14300-400.
Trade ativo
Stops at 17160 trade active.
Trade fechado: stop atingido
Stopped however will look for it in the future as well. Possibly another swing high may be even upto 18300 if at all surpassed 17400
Nota
17000 as a decision point leading to irritation let us go long above 17300. Short below 16700.why worry unnecesary. Let it do what it has to.
Nota
Also due to heightened volatility instead of 200 let us increase stops to 300 in the coming trade to avoid being stopped early.
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