As the current price is moving toward the Ichimoku cloud and heading to the 1st support line. As of now, we may hold our position until the price break the 1st support line. Once the price has broken the 1st support line, we are expecting the price to drop further. we may place the sell entry at 3901.28. Take profit 3764.49 and stop loss at 3952.92.
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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.