IFCI is in down-trend and sellers have again trapped the buyers in discount zone. So there are high chances of price moving to Target 1 if Nifty is not very much bullish in coming sessions.
Simple trade based on buyer-seller psychology understanding. 1:6+ RR Trade.
If you have any questions. Do ask in comments.
Follow for more such simple and awesome setups. Thanks. Happy trading!
Simple trade based on buyer-seller psychology understanding. 1:6+ RR Trade.
If you have any questions. Do ask in comments.
Follow for more such simple and awesome setups. Thanks. Happy trading!
Trade closed: target reached
1:8 Target done (14%).
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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.