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✺ LOGIC ✺
✣Yellow Trendline: OKOK resistance
✣Pink Trendline: Good Resistance
✣Red trendline: STRONG SUPPORT
✣Green trendline: Good support
✺Plan
- Either Buy at such levels with a SL of 4% (low-risk high reward setup )
- Or wait to drop a bit more if it does than a good buy at red...
I will look at buying JINDALSTEL because :
It is at the resistance and that resistance after 5 years
Low probability trade .
Entry : 297
Target : 350/380
Stop loss : 274