Good analysis, should keep trailing SL, what should be target 151??
@Bakurda, After the fall in price today (although initial stop below 120 has not yet trigerred), stop remains below 120, say 119.50 . 1st target could be 150 which is resistance as per price action, although potential is much higher and could even go to 162 as discussed during analysis. Another spossibility now with the fall in price is that it may test the apex of double bottom (discussed in the analysis) which may be fall upto 113/114 and then it shows bounce back trigerring an opportunity for a long trade. Let us see what happens tomorrow whther stop at 119.50 trigers or it shows bounce back from here.
@DEVERAMA, thank you!!
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