Booked profits in separate levels. Half of the position was closed in breakeven levels for a mere 0.37% whereas the remaining half was closed at 3.83%.
The position didn't move as expected and did crash a bit before moving in the anticipated direction. But there are better opportunities out there as of now. So decided to book profit and re-allocate the capital elsewhere.
Will consider a re-entry if the price reverses back to the low of the descending channel.
Previous posts related to the same scrip and position are attached underneath. Do check them out.