The market is getting ready for another fall.
Once market close below 3962 level, you can expect a fall for another 140 points. Though we need to be caution when it reach the level 3897, possibility of reversal.
if you are looking to buy order do wait and market is still in uptrend and the current position of market is called a pullback or retracement.
The weekly chart is also strong in short position. Until we get a clear entry buy position is not recommended. If you are getting an opportunity to buy I would recommend to trade with less quantity and less risk, do not go big.
have a pleasant trading.
Once market close below 3962 level, you can expect a fall for another 140 points. Though we need to be caution when it reach the level 3897, possibility of reversal.
if you are looking to buy order do wait and market is still in uptrend and the current position of market is called a pullback or retracement.
The weekly chart is also strong in short position. Until we get a clear entry buy position is not recommended. If you are getting an opportunity to buy I would recommend to trade with less quantity and less risk, do not go big.
have a pleasant trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.