Trade long on EKC if it crosses 135.50: Devang Visaria
There is some resistance coming in at 134-135 levels for EKC and that was today's high also, so as a trading bet if it crosses 135.50, you could trade long with a stop of around 131 or 132
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| Devang Visaria, Chief Strategist, Devangvisaria.com
A quick word from you on Everest Kanto Cylinder. What are the charts showing?
There is some resistance coming in at 134-135 levels for EKC and that was today's high also, so as a trading bet if it crosses 135.50, you could trade long with a stop of around 131 or 132 and then you could possibly look for targets of closer to 145 or even 150 but if it fails to do that, you could get a pullback move back to 120-125 where you could checkout and decide what to do at that point in time.
A quick word from you on Everest Kanto Cylinder. What are the charts showing?
There is some resistance coming in at 134-135 levels for EKC and that was today's high also, so as a trading bet if it crosses 135.50, you could trade long with a stop of around 131 or 132 and then you could possibly look for targets of closer to 145 or even 150 but if it fails to do that, you could get a pullback move back to 120-125 where you could checkout and decide what to do at that point in time.
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