The week started with a big downfall of cable by 200 points in early Asian session. Wave wise it is in big wave 'C' down which is corrective. we are in the 3rd wave of wave C and probably 9260 support has ended this third wave. The ultimate target of this wave C could be in the region of 9140/9250 area which may not take place today.
STRATEGY: For today, look to trade wave iv bounce from 9260 support. buy on dips to 9290/80 with STOP at 9250 and target 9400.
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