It has been observed that the price action was trending down for past 5 months and now, it showed a strong volumes at support levels indicating a buyers coming back. It has another resistance at 280 levels, if it breaks and closes above it on weekly chart then it shall confirm a change in trend and will further rise up.
Target 1: 280
Target 2: 320
Stoploss: 245
Target 1: 280
Target 2: 320
Stoploss: 245
Trade active
Trade active
Trade active
Trade closed: target reached
Target 1 reached. Now, once it closes above 280 then it shall further move up to T2. Thanks
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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.