CSE index jumps 88 points in weekly trade
Kolkata, Apr 9 (PTI) The Calcutta Stock Exchange (CSE) posted steady gains during the week, which was marked by moderate volatility.The index gained 88.79 points during the week, compared to a close to 250-point gain in the previous week.The CSE-40 index opened at 7459.06 and till Wednesday, the index was on a gaining spree and touched an intra-week high of 7,585.04. However, the index eased in …
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Swing Trading: Managing a Weekly Trade
We left Santos (STO:ASX) with a signal to enter a short position, based on an ABC trade on the weekly chart. The original trade indication came on the week ending 18 June, as follows: Chart 1 ABC Weekly Short Trade click here to enlarge Point C came in right on the 50% level of the range as indicated in Chart 1, and was a 62% retracement of the A-B range. On Monday 21 June the market pushed 2 …
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