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The Gap along with high volume inside the trading range create suspect about the bearish existence in near term. The RSI indicated overbought scenario.
Short position can be considered at current levels, otherwise sell on rise around 1290 levels. Refer the Chart attached
| M | T | W | T | F | S | S |
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| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 | ||
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
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SIR SOME CORRECTION IS THERE SHROT 1290 TARGET 1200 AND STOPLOSS – 1350.
Thanks for correcting the trade plan
Getting lower