This is a swing trade. We can easily expect 1:2 RR
Entry : 1174 SL. :1060 Target : 1450
Trade closed: stop reached
Note
Price did moved towards the target but the broader market lost the momentum, due to several states in India announcing lockdowns due to Covid-19. Not to worry, as our risk was managed before hand.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.