It has been observed on the daily chart that the price action continuously dips down for last one week and now in last two trading session, we have noticed a turnaround in price action which is a signal of a bounce back or a detouring of price action as buyers take over the pilot cabin. Now, a positive movement can be seen to 1100 levels if the price action closes above previous candle close.
T1-1100
T2-1140
SL- 1120
T1-1100
T2-1140
SL- 1120
Trade active
Comment:
SL 1020 (Typing error above)
Trade active:
It is doing well and one can keep holding for tomorrow as well. Thanks
Trade closed: target reached:
Target 1 reached. Thanks
Trade closed: target reached:
Target also reached. Now, going to touch previous support. Thanks
Comment:
Now, touched previous support at 1160 levels too.
