It made a big red candle on Friday with good volume. may consolidate and fall further the rsi is yet to get into the oversold zone
the blue lines may act as a supply area.
SL 478 Entry zone - 469-474 Target - 428
Above are spot price- If trading futures do keep a check on spot prices, if trading options keep a watch on premium decay as in second half of month the decay is more than the first half of the month
Happy Trading MSK
Trade closed: target reached
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That's the problem with safe entries :) .. times when you don't get something like a perfect entry.
As it didn't touch the sell zone, I didn't trade but yes based on analysis the target reached