My Views, My Trades - My Posts

DOW

Opened gap down, but recovering.

Expecting congestion point at 25400+
Should reach there
Should trade above 25052

LTP 25109
 
NF and BNF might go up tomorrow for sure.
It is expiry, and i think lot of people in short will square off their positions (short coverings) pushing the price up.
Maybe, maybe not. Maybe the big players have already rolled over their shorts and will want to take it down further. Not a good time to risk longs, IMO.
 

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