theTradingSailor

Aluminium - Trade Basis Candle close (More on the shorting side)

Short
MCX:ALUMINIUM1!   ALUMINIUM FUTURES
172.55-172.7 is a key Level (for today)
Close below or either this will give a good move towards that direction

Tgts will be the S1 or R1 basis shorting or long respectively.

As of now its more of a shorting opportunity - awaitng candle close
Comment: Limit order for SELL is given @ 172.3
SL : 172.85
TGT: 171.1
Trade active: @ 172.3
SL: 172.85 (that's 0.55 points)
TGT 171.1
Comment: 171.3-171.4 -will be level tested - traders may exit at these levels also (doesn't matter 171.3 or 171.1.. :))
Comment: SL revised @ 172 ( thats already 0.3 points in profit)
Comment: 171.85- Re-revised SL
Comment: Presently at am important level near yday last lows - traders may exit as its almost 0.95 points (172.3 to 171.35)

I will be holding, with the revised SL of 171.85 which is 0.45 points from Entry
Trade closed manually: exited at 171.85

Comments

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