SHORT ON INDIAN 5 YEARS GOVT BONDS YIELDS

24 apr 2022

IN05

This is a short term trade because in long term all the yields rise as inflation is rising .

Resistances zones in days chart
This is trade can be excuted if yelids rejected from the same resistances zone and can form double top .

As Indian government is wants to economy to grow after covid pandemic. so there will be rise in yields but in future .
according to price action yield can go down up to 6.280%

It can be swing trade of 3 days .
THIS is for educational purpose trade on your risk