It is been observed on daily chart that the price action shows a bullish hammer at major support levels indicating a buyers come back and a positive move ahead.
Target 1: 464 Target 2: 475 Stoploss: 399
Trade active
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Trade closed: target reached
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Today, we touched closely to our first target near 461, it shall come down a bit and shall reach to our second target at 475. Regards
Trade closed: target reached
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Today, Target reached convincingly and successfully. Regards
464 & 475 your tgts like it. But 426 should not break for that
ashpats
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It seems IT sect is trying to turn around in this nose diving market.
Nice one.
NeeteshJain
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@ashpats, Yes It did look positive at present. Thanks, Regards
praveen.bhatiya
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I am already long at 421 however I would not give such a big room for stop loss and book loss on any day if it closes below 409. First target seems very reasonable expectation.
NeeteshJain
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@Praveen.bhatiya, Glad to know about your trade. I wish you the best. Regards