WTL bullish bais above 3.08
Our Prefrence: Long positions above 3.08 with Traget at 3.47 and 3.73
Alternative Scenario: Downward breakage of 3.08 will call for 2.79 and 2.51
NOTE: On daily basis WTL have came out of its upward channel and right now its trageting 3.10, so its recommended that long positions can be initiated above 3.08 with strict stop loss of 3.05 and profit targets at 3.47 and 3.73.
As market is moving in overbought region so strict stoploss would be recommended as breakage of 3.08 will call for a straight drodown towards 2.79
Intraday Supports and Resistance:
| S3 |
S2 |
S1 |
Pivot |
R1 |
R2 |
R3 |
| 2.98 |
3.11 |
3.20 |
3.33 |
3.42 |
3.55 |
3.64 |
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RESPONSIVE
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CSS
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HTML
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28
DESIGN
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DEVELOPMENT
3
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John Doe
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