It is a bit risky trade purely on technical basis. as one green elephant candle with significant volume. now it has come to its horizontal line support. u can trade as per ur risk capacity.and proper risk reward ratio must be followed. it has gud potential upsise as sl is very low.
Note
if crossed above 58.60 in daily time frame. then sl will be 54. may be gud trade for swing traders.
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.