It has been observed on the daily chart that the price action continuously dips down for last one week and now in last two trading session, we have noticed a turnaround in price action which is a signal of a bounce back or a detouring of price action as buyers take over the pilot cabin. Now, a positive movement can be seen to 1100 levels if the price action closes above previous candle close.
T1-1100
T2-1140
SL- 1120
T1-1100
T2-1140
SL- 1120
Trade active
Note
SL 1020 (Typing error above)Trade active
It is doing well and one can keep holding for tomorrow as well. ThanksTrade closed: target reached
Target 1 reached. ThanksTrade closed: target reached
Target also reached. Now, going to touch previous support. ThanksNote
Now, touched previous support at 1160 levels too.
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Related publications
Disclaimer
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.