M_M
has crafted a pennant/symmetric triangle pattern ( T1 & T2 ) that has given us a successful breakout by breaking T2 and getting itself ready for a big bullish move. One may initiate a long position with a stop loss below 797.50
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Comment:
Due to huge selling by the operators and institutions, it was dragged down on 9 and 10 June. Now, it looks like bulls are again taking their charge.
Comment:
Trail the SL to 800
Trade closed: stop reached:
SL got triggered
