It is been observed that the price action breaking above the resistance levels of 138 and now retracing back to it making it a support levels. Now, it is moving up to next resistance level at 144-145 levels.
@Akshay.lakhina, Excuse me for not able to respond on time, let me know if you have any other query. Regards
suraj_kvp
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Holding position for Intraday. Should I exit now or hold on ?
xclusiv_abhi
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Agreed with you idea. Now that 145 is reached..whats your take now. I believe it may take out 150.
bibz4trade
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stop reached
NeeteshJain
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@bibz4trade, Hourly or Daily candlestick close below shall trigger the stop loss. Regards
ms555
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@NeeteshJain, 31st jan last candle closed at 136.7. then sir?
NeeteshJain
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@ms555, Yes, but I was still interested to buy it as it didn't breached the support zone, indicating buyers control over price action. It is true that I have put stop loss very tight which should be given more room too as per the trade. I appreciate your follow-up and would advise to always focus on trend when entering such trades. Regards