Short L&T with target of 1382

Updated
Short L&T with target of 1382 because
1) Parabolic SAR bearish (recent single dot formed above the candle)
2) Increasing size of red candles in down trend
3) MACD bearish cross-over
4) Next Fibnonacci retracement level of 23.6 %
Trade closed: target reached
Target achieved
Trend Analysis

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