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Pupathi

1D BANKINDIA (Bank Of India) - Short Position

Short
BK OF INDIA (NSE:BANKINDIA)  
Pupathi Updated   
NSE:BANKINDIA   BK OF INDIA
Support and Resistance Fibonacci Trend Lines priceaction bankofindia BANKINDIA Fibonacci Retracement Inverted Hammer Pin Bar
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supportandresistance fibonacci trendline priceaction bankofindia bankindia fibonacciretracement invertedhammer pinbar
1. Pinbar formed at S/R level
2. Fibonacci Retracement 61.8% confirms that S/R level.
3. Trendline is in perfect position for the pinbar which acts as trendline.
4. Stop Loss and Take Profit levels are perfectly mentioned in the chart window.
5. Once Take profit level reached, try to sell half of your stocks position there and move your stop loss to breakeven and run another half stocks for freedom.

Thanks by
Pupathi Sadagopan
Trade closed: target reached
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