Market has not been able to break the range in which it is trading since morning. The market has gone into consolidation mode and hence it is not advisable to trade at this point of time.
If you have positions, cover positions at your cost and exit. Traders do not seem to be confident about the market. As i was telling you, there have been quite a lot of shorts built and at this moment, it seems that the support of 5580 will get broken easily.
You can now have short positions carried to Mondays session.
This will be a position short and if there is a gap down opening, it is advisable to cover the short and wait for the markets next move.
Today market has been consolidating and hence if you are not quick, you would have ended up in loss.
Don't worry, this is part of the trade, you can trade when you are having discipline and follow our trading rules.
If you have positions, cover positions at your cost and exit. Traders do not seem to be confident about the market. As i was telling you, there have been quite a lot of shorts built and at this moment, it seems that the support of 5580 will get broken easily.
You can now have short positions carried to Mondays session.
This will be a position short and if there is a gap down opening, it is advisable to cover the short and wait for the markets next move.
Today market has been consolidating and hence if you are not quick, you would have ended up in loss.
Don't worry, this is part of the trade, you can trade when you are having discipline and follow our trading rules.
Spot gold was largely unchanged at $1,227.78 an ounce at 0315 GMT. On Tuesday, it fell 1 percent and hit its lowest since last July at $1,225.58 an ounce.
ReplyDeleteCapitalstars
I-DAY BAZOOKA MCX SELL ALUMINIUM BELOW 138.6 TARGET 138-137 SL 139.3
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