This is for education purpose only and may not be useful for trading
EOD view: As triangle has broken on downside, expect 2970-
(3237-2503)=2236. If recent peak is considered, then target is 2798-(3237-2503)=2064.
Trading strategy: Short on any bounce near stoploss (2 day swing).

Trading strategy: Short on any bounce near stoploss (2 day swing).
UPDATE: Despite strong gapup opening, markets unable to sustain above Friday's high of 2630 spot. Strong res at 2660 spot.
20 day swing : The recent buy signal has failed and SL for sell is at 2970. The sell has been generated near supports so use 2 day swing to lock in gains.
20 day swing : The recent buy signal has failed and SL for sell is at 2970. The sell has been generated near supports so use 2 day swing to lock in gains.
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