ibrealestat chart is showing that after gap up opening its candle penetrated horizontal upper bollinger band wid momentum ...and outer bollinger has characteristic to repel it towards centre..candle is gap up and small in size ..closed well below its days high indicating that action started ...expecting evening star formation in it ...
see action of bollinger ...centre bollinger id at 109.6 ...
sell its futures if market shows weak ness ..
as ibrealest is moving up oi is reducing...
indicating possible u turn
sell its futures if market shows weak ness ..
as ibrealest is moving up oi is reducing...
indicating possible u turn
| Mon-21/03/2011 | 108.7 | 109.0 | 99.25 | 105.95 | 1,911 | 21,062,000 | -42,000 | 211900.0 | 105.4 |
| Tue-22/03/2011 | 106.05 | 109.2 | 105.7 | 108.7 | 2,161 | 20,714,000 | -348,000 | 217400.0 | 108.35 |
| Wed-23/03/2011 | 108.55 | 114.4 | 108.3 | 114.05 | 3,010 | 19,532,000 | -1,182,000 | 228100.0 | 113.85 |
| Thu-24/03/2011 | 115.4 | 119.75 | 115.05 | 118.7 | 4,256 | 18,872,000 | -660,000 | 237400.0 | 118.7 |
