As mentioned in previous post, Relative Strength Index is about to give a bullish cross over its signal line.
More over, the band & the trend line seems to be converging around $890 level. A bounce can be expected from this level.
Have a watchful eye on Candle stick formation around this level for a good entry. Stop loss is must in this volatile market.
Readers can draw their own conclusion about the promise and potential.
Please go through Disclaimer on this blog.
Disclosure: I may have position in above said stocks/ Commodity for myself/ family members / friends.
Please go through Disclaimer on this blog.
Disclosure: I may have position in above said stocks/ Commodity for myself/ family members / friends.
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