CMP : 258.6 Keeping Grade 1 Supports as SL , ( 257.4 , 254.3 ) and Grade 2 Resistance as Targets . ( 265.4 , 271.5 )
Why so ?
we are going long; we have strong supports at 1 Rupee and 4 Rupees, below us. we are targeting weaker resistance which is 7 Rupees and 13 Rupees, above us.
Rest, I'll be updating what to do as action unfolds. You can follow me or star this idea to receive updates. ( I'll try to update real-time)
Thanks.
Trade attivo
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CMP - 262.8
Grade 3 Resistance Reached.
Trade attivo
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CMP - 264 . Next Target - Grade 2 Resistance : Book majority of profits if it reaches 265.4 .
Trade chiuso: obiettivo raggiunto
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CMP - 266.1 . Grade 2 Resistance of 265.4 Target done for intraday. Positional can be held for target 271.5
Cheers !!
Trade attivo
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Very close to positional target. CMP - 270.8 . Be ready to book profits .
Clear resistance on the blue line. You can use these lines to trade whenever you want, always comes in handy.
Commento
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Don't think of holding for long term investment. You'll surely get another cheaper entry within 6 months after exiting now. ( for investors, not traders) . Should definitely book part profits, I'd say 60% at least. Thanks.