ZainShamim

UK 100 remains range bound in larger perspective

TVC:UKX   UK 100 Index
All those who love to trade UK100 need to see the range bound activity of index between 6700 to 7700. For a very long period of time it has been moving with in 1000 points range and this could be the signal of any big move in coming period if it moves in any direction with big volumes .
But until unless it doesn't clear out this area best strategy to trade is buy at 6700 and sell at 7700 and wait for major breakout .
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