Friday 15 April 2016

China-A-50 (Fut): Ahead Of GDP--- 9860-9960 May Be A Big Hurdle--

Stunning Accuracy Of Published Economic Datas Are Increasingly More Questionable !!

Trading Idea: CA-50

CMP: 9735

Either sell below 9860 or on rise around 9960-10150;

TGT1: 9585-9435*-9345-9190-9070*-8990 (1-3M)

TGT2: 8700-8585-8350-8280-8180-8000 (6M)

TSL> 10250

Note: Consecutive closing (3 days) above 10250 for any reason, CA-50 may further rally up to 10450-10900*-11160-11250-11550* & 12000-12500 in the short to long term (alternative bullish case scenario).

Analytical Charts:








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