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Monday, March 26, 2012

bullish wolfe wave in ns charts


tomorrow if opens with positive bias then sell near 5231-36 range with sl abv 5257 for trgts of 5212-5197-5171(if sl hit exit the trade and go long if sustains abv 5260.(SL 5217).trgts can be near 5330-40 till wednesday)

buy again near 5175-5180 range with sl below 5145 for trgts 5231

if closes abv 5220 then longs may be held for trgts abv 5300 on wednesday

Optional view:if ns could not break abv 5212-5217 range in first 10-15min then sell aggressively for trgts of 5112-5106 range
trading range may be 5209-5151-5193-5112

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