It is been observed on the hourly chart that the price action fails to close above crucial resistance levels of 1220 and now it shall further dip down to cover previous gap of 1188.
Target: 1190
Stoploss: 1220
Note
Yesbank breaks resistance, shall further move up.
Trade closed: stop reached
Note
It still failed to close above resistance. Regards
Trade closed: target reached
Today, Target reached as it was looking weak. Regards
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