Candle for 03/02/2015 is hand drawn.........
Angles at work shown on chart.......
They have been there from September 2014 Top......
On 02/02/2015 low was 1980.90....
Angle show value of 1987.19 for longs. on 02/02/2015......
Target of 2019.31 on 02/02/2015......
Target hit with High at 2021.66.........
Bottom caught... not yet.........
Markets will prove itself ...... nothing can preempt it.......
But 03/02/2015 market opened with gap up....... at 2022.71.......
Level to watch given was 2019.31...... for 03/02/2015......
So positive above it ... for longs......taken at open.... with stop loss of 2019.31..... never hit.....
Target for 03/02/2015 shown on chart by angle above it was 2051.08......
High for index was 2050.30 and close is 2050.03.......
Long closed at close of 2050.03.... safely......
Profits in 2 days are 2050.03 - 1987.19 = 62.84 points..... enjoy !!!
Level to watch again for 04/02/2015......2051.44 ..... above this positive.... else....
Next major Hurdle at 2061.43 on 04/02/2015........
Watch out for 04/02/2015 is mid-seasonal date.........
Happy Trading !!!
Analysis given with mandatory disclosure given on site on 03/12/2014.
Please read it before taking any trading decisions.......
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