It seems long is favorable here from 28143 level if it reaches there before moving further upward. The target should be 28666 in case the trade is triggered. The extended target for this trade can be 28880. But we should reevaluate once the price moves to the first target.
Note
This one did not work out. A bit of sell side momentum was still left before a bounce eligible for a long trade. However, the trade idea and the target still remains valid probably now from lower with a better R:R. I am longing it again from 27878 with a very tight stop loss.
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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.