For swing traders first target is 202.50 and then with trailing stoploss till 210-215.
If you are interested in what sectors are doing good, look for this analysis in related ideas.
![Science Backed by Data[All Series]: What recovered ?](https://s3.tradingview.com/a/atQCFFxa_mid.png)
July Performance
2020 Performance
Note
Both Initial Targets have completed."Initial immediate targets looks 192.10/194.55 with immediate Stoploss of 187.25 for risky traders or for brave traders 186.30/185.25. "
In-fact today it has closed exactly at 61.8% retracement 194.55. If it closes above next session the original trend of 202.50 and above will be intact(it for some time stayed above 194.55 today). tomorrow is crucial.
Another positive is today's move was on better volumes than yesterday. And we are fast approaching 3hour Ichimoku breakout. See the picture
Note
Breakout confirmed on 3hour time-frame. This looks good. Change the SL to 191Related publications
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.
Related publications
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.