- So the level of 62 crossed and signalling a BUY......hoping that closing will also be above 62 today. - Huge volumes
Trade closed: target reached
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Trade closed at 64. The formation of the candle during the late afternoon on an hourly chart was not supportive of the thesis. Though a double bottom was also made.... but let see if an opportunity comes at a lower level then will re-consider.
The earlier stipulated SL was at 61. But since trailing SL was about to hit so closed it prematurely due to selling came in Nifty too.