**AIIL:**
A one-day breakout has occurred, accompanied by a significant spike in volume. You can consider adding to your position at the current level of 1732 until the retest is complete. Start by adding 50% now, and if the price falls to 1680, add another 15%.
The support level is at 1626.50 based on the daily close, while the resistance levels are at 1854.10, 1924.95, and 1986.80.
A one-day breakout has occurred, accompanied by a significant spike in volume. You can consider adding to your position at the current level of 1732 until the retest is complete. Start by adding 50% now, and if the price falls to 1680, add another 15%.
The support level is at 1626.50 based on the daily close, while the resistance levels are at 1854.10, 1924.95, and 1986.80.
Trade closed: target reached
The first and second resistance level has been touched. If the trend is to continue, it's important to follow a trailing stop-loss strategy and patiently wait for the price to approach the final resistance level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.