Dji Drop or rally?As i see as a technical analyser the price will drop to find best support to change direction overall Dji market will crash maybe it is waiting to push by some news.
Djitrade
DJI LONGDJI is expected to RISE now.
There are many reason why we feel it may RISE.
01. It is taking support at quarterly levels trying for a big jump.
02. Bullish engulfing in daily Chart.
03. May reach weekly target 16326
04. Stoch RSI (3,3,14,Close) states it may rise.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also rising.
Keeping all the above indicators in view along with the chart pattern we expect it to rise. Our sell call shall be from Long above 16082. with a SL @: 16015 Tgt 01: 16252 Tgt 02: 16326 We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
