Long

One can look for Dec Contract for buying , This one is heading for 79 on or before Dec ,

Good luck

Kommentera:

hello traders , I am posting chart in candlestick charting and from Exchange to Exchange the visual information changes , My point is if you are long term buyers then this will be the post you would like to look in ,
if you are day traders or weekly swing trader do not panic it will go to 79+ before DEC 2020 mean while you can trade the way it fit for you
Good luck

Kommentera:

charts.fyers.in/8c64...e81f499f73bb6b0e.png

Kommentera:

charts.fyers.in/8c64...ca9b8a87f2dbea79.png

This is Nov 2020 Contracts , if you are long term position holder this should be your view , it made 73.68 as low , you can click the link and view it ,

My point is simple those who are looking long term they should trading far away futures scrips ,

Kommentera:

We Bought @ 73.50 and @ 73.75 NOV Contracts as per long term view , it made a Low of 73.3750 , that is reasonable

Our average cost of buy is 73.5650 as our buy did not stop on every Dip , its an accumulated buy cost

One Can hold it till end of Nov and rollover for Dec contracts , in case you find uncomfortable in-between Take profits and Get out

CMP Nov Contract is 74.4575 ,