Description
⋅ Currently at a FIB levels of .68 from the fall from 150 to 103.
Breaking out of the Downward Trend. There has already been a false breakout. Wait for confirmation.
Buy above 135.
Targets 138,141,147 and 150
SL 128
Trade active
⋅ Buy Activated. It was Gap-up opening. Volumes are slightly higher.
Revised SL to 133
Comment
⋅ Target 138 achieved.
Trailing SL at 135
Comment
⋅ Closing Price at 141.05. Second Target of 141 achieved. 41.05 is also the 78.6% retracement level of the fall from 151.25 to 103.56
Trailing SL at 138.
Trade active
⋅ 2/Jan 2.05pm: CMP 147.65
Third Target 147 achieved.
Trailing SL at 145.
Trade closed: target reached
⋅ 3/Jan Closing Price 149.25. Final Target of 150 reached. Price Reached a high of 152.75.
Price set to go much higher. Will come up with an updated View / Chart