Tuesday, January 25, 2011

25.01.11

Long position taken at 5750 levels was stopped out.It was a high risk trade and the market proved it!!
A new channel (white) connecting the highs of the two down swings is drawn.The lower parallel line meets the EOD price.Will this support line hold well.Will have to watch on thursday....
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1 comment:

  1. veerJanuary 26, 2011 at 7:27 PM

    Hi Kavima,

    Nice trading set ups and system. I was busy with my office work and I could see only to-day. Thanks for educating.

    Regards,

    Veer

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