Long 4137 above, Short 4136 Below
Updated
Apparently the trend upwards is holding with steam in and out and news driven, often leading to a surprise move, nonetheless. Long for the time being with SL at 4137.
Note
The Target for me for this move would be 4195, at which I will close the only position left and go short at 4224 (1/3)- if it reaches there, with the target to go long 4166, enroute taking a break at 4198. For the time being, just holding and waiting for the move to culminate. Going level to level, my inclination is that in the next week market may move 4166 > 4146 (Fri) > 4196 (Mon-Tue) > 4178 (Wed) > 4224 (Thur-Fri). Lets see.
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