Long

IND50 Long

Updated
Do take note that I believe the market has been ranging for the IN50.
But as my indicators show it is a long opportunity.

Based on this information, managing the trade is a priority as it would be for any other trade.
If you look back, in July I took a small loss. I should be in this trade a couple of minutes before market close, as time differences will close trading earlier.

I know nothing about the Indian economy.


Trade active
After entry price immediately tanked throughout the Asian and European session, most likely a fundamental outcomes, the IN50 range continues...
Trade closed manually
Closed trade at an almost full SL.
Fundamental AnalysisIN50USDindianmarketTechnical Indicators

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