As my Stoploss Hit @ 26200 I reversed my position in sell side and covered my loss by selling double lotsand booked all sell positions @ 26900....and Bought double lots.....I will add more till 25700.....
Having said this 25700-25900 is also a reversal Zone......So expecting a Bounce back from these levels tomorrow......
I will keep a tight SL of 25700 on Daily closing basis......
I hope this time SL will not Hit and I will hold all buying positions for a much Bigger Targets....
As I see Wolf Wave pattern developed ....also had given trend line breakout with a retest of trend line before.....and Price is inside Price Reversal Zone....If it breaks 25700 with volume then next TGT is RED Line.......Otherwise Yellow line is Target Line for next move up.....Positional traders can hold Long for LONG time ....TGT near 32000+++++
Having said this 25700-25900 is also a reversal Zone......So expecting a Bounce back from these levels tomorrow......
I will keep a tight SL of 25700 on Daily closing basis......
I hope this time SL will not Hit and I will hold all buying positions for a much Bigger Targets....
As I see Wolf Wave pattern developed ....also had given trend line breakout with a retest of trend line before.....and Price is inside Price Reversal Zone....If it breaks 25700 with volume then next TGT is RED Line.......Otherwise Yellow line is Target Line for next move up.....Positional traders can hold Long for LONG time ....TGT near 32000+++++