Nifty is still in the same downtrend and is near channel bottom. Risk reward for bearish trade does not seem good, so I will wait for bottom and go long. Since this week has only 3 days, I may carry the same long trade for next expiry unless SL is hit. Again, I will take trade as near as the support area and take no more than 20 - 25 points SL. Thank you!
Trade closed: target reached
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Target achieved, trade closed. Will post next week expiry trade by Sunday. Thank you!