Balrampur Chini, Bearish

Jul 11, 2023

Balrampur Chini is Bearish as peer Ichimoku. Below the resistance line since June end.
IT SHOULD CRACK.
Targets mentioned.

Jul 11, 2023

Note

Below 380, targets are 375, 371, 360.
Take 360 PE JULY @ 4.1
Target = 7.5 and above

Jul 12, 2023

Note

360 PE is at 2.90 as i am typing this message. Just an Stop Loss hunting move in my opinion.

Jul 12, 2023

Note

inverted hammer on 4 hr chart, daily chart and weekly chart under progress.

speaks a lot :)

Jul 14, 2023

Note

couldn't update yesterday as i was travelling.

booked profit when 360 PE was at 5.1 (had 10 lots) so profit was a decent 16k.

didn't loose hope as it was rising on 12 JULY and Ichimoku gave courage to hold the PE option

T1 of 375 was met and bounced from b/w T1 and T2 as 200 DMA was there.

Jul 14, 2023

Trade closed manually

T1 achieved