Reason for long
a) Daily 20 SMA support to bounce from the level
b) TST possibility in this week
c) M formation cannot be ruled out, if SL breaks in intraday
d) Any gap down invalidates the set up
e) SL compulsory
a) Daily 20 SMA support to bounce from the level
b) TST possibility in this week
c) M formation cannot be ruled out, if SL breaks in intraday
d) Any gap down invalidates the set up
e) SL compulsory
Trade closed: target reached