Wednesday 21 September 2011

22 Sep, Cup&Handle,Ready for breakOut ?

Strong Resistances[5175] are  taken away by GAPS or WideRangeBars.
Lets see Tomorrow what happens !

Positional SAR [Stop & Reverse] 5070.
Long  from 5100. Today exited @  5157 +57[-20 whipsaw loss] =+37
Short triggered from 5151  Todays close 5141 +10
Cumulative profit from starting [24 june2011] 1864+37+10=1911 Points.

NiftyFuture[5141]
Resistance
5175
Support
5105
If trades above 5175  Targets  5230  5325.
HappyTrading

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