TECHNICAL VIEWS

Expect Long unwinding below 55 in PNB fut

Leave a comment

I expect Long unwinding below 55 in PNB fut, & fresh Short covering above 62.60

BUT if it crossed 62.60 with volume then we might see fresh rally which might be very surprising. SO naked positions are very dangerous.

Shorting bankbaroda is very risky game as it is still in strong bullish trend. There is also chance that the rally in PSU might continue till budget, heavy selloff expected after budget, if exceptions are not fulfilled.

Till enjoy the rally in PSU.

  • * T & C Apply
  • * Only for edu. purpose
  • * Not for Trade.
Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s