Small SL: Sustaining above first red line. (If SL goes, reverse just to recover loss, we'll be attempting another short near second red line with SL 15336.)
Target is yellow channel low (+/-) 200 points, i.e. 800-1200 points.
Will be a bumpy ride if this works out.
And if this works out then TSL will be breakout above channel (sustain basis) as of now.
No TF..
Will update TSL/target as and when necessary..
Trade active
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Keep TSL at 14700 spot sustain basis or 14807 touch.
@PRAMEENA, Prepare for correction. Wait for confirmation from world markets.
PRAMEENA
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OK sir, thanks for nifty updation
PRAMEENA
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sir, pls give nifty direction
PRAMEENA
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OK , Thanks sir
PRAMEENA
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sir, SL is taken out , any updation
Swarnendu_Mitra
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@PRAMEENA, If you have taken long, keep SL below 14527 closing basis. Also keep hedge for overnight position.
If you have no position now, can try short around 14585 if comes today. SL will be close above today's high, whatever high is made. If this fails then reverse and go long (with overnight hedge), we'll try another short around 14700 only..