Tuesday 29 July 2014

Stock of the Day - BG GROUP ( Trade - Setup ) 29/07/14 01:30 AM


Entry PointKey LevelProjectionStop Loss
BG GROUP1202.78(Buy) -12131200



BG GROUP Chart (5min) - Analysis time: (01:30 am)

Commentary
A Fibonacci Analysis on 5min Chart. Gives us some support levels, a entry point at 1202.78 and a projection of 1213. I will also be looking at entry level, placing my stops beyond 1200. Lets see how the market reacts to our level.

Disclaimer: The trade-setups are my view of the market. I'm in no position to advise you in investing in Futures, Options or other various securities. Any long/short position you take is not my responsibility.