Sell at CMP 1378 Stoploss 1420 Target 1328-1284 Resons for Trade- 1.Price is taking near to resistance as well as horizontal resistance 2.200 Days EMA resistance at CMp 3.Price is near to 61% fibbo level 4.Risk Reward is 1:1.5
Trade active
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Comment
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move stoploss to 1385
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low made 1336...move stoploss to cost
Trade closed manually
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close at 1344...with 34 points gain....Nifty in recovery mode