AMITBE said:
Hi BOL, nice entry on Nalco, but for now it seems to be dealing with a southwards pressure. Being in still, you may want to see how 260 holds out. If it dips there with a bounce back, wait to see what happens at 275-280 on the rebound. If there is strong resistance here, you could consider pulling out or take some off. But if 260 or even 255 area appears like being breached, you may want to pull out.
Regards.
Regards.
thanks,
bol