Wednesday, May 5, 2010

Trading opportunities.

Keep "9525-9535" as the pivot and trade the day. It could swing to 9625-9660 and if breaks 9525, then move to 9400-9425.

1 comments:

pattern.solver on May 6, 2010 at 11:47 AM said...

Dear Ilango,
I am holding a positional trade on the following strategy.

Short at 5251 and holding the same for breach of 5020-5070 support zone and again breach down to the Feb. Lows of 4750 and then again breach down to the Aug.09 lows of 4360 where i would like to cover for a potential reversal.

Any view/suggestion from Elliot wave perspective , please let me know. My Stop is same as entry, 5250.

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