On lower time Frame price continue on its uptrend Trend lines . As budget has given a good up move we need a good levels . not in rush
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Going long with 34600 CE above 375-380 with 40 point Target
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If price Doesn't Not sustain above 34570 level my trade will not be executed, and if price rejects the level and try to reverse on 10 min CLBS , will go with PE side ,can see a correction .correction can be of two type 1. Time based 2. Price lets SEE
Trade active
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34600 CE active at 378
Trade closed: stop reached
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Seems to be Time Based Correction with STOP LOSS Hunting ,taking support again.
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Time wise correction with uptrend can been seen , Tomorrow will see a new record. As till now the OI Data seems to be slow but with positive indication. So, don't get trapped in PE carry-forward etc, be neutral . Don't Try to short . All the Best MR. Market show as a new high tomorrow.