Here the price reaches a top at 935.5 Then goes down and then there is a support level at 899.3. Again the price goes up, reaches 935.5 and goes down. If the price go below 899.3, we can assume a downward trend so short position can considered. We can target 899.3 – (935.5 – 899.3) = 36.2 = 863.1

1 Comment
  1. EQSIS 7 years ago

    The returns should be atleast one times of the risk taken

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