Points to note: 1. A STRONG DEMAND ZONE near the 34-36 range, formed and sustained repeated tests. 2. A (final?) TEST BELOW the zone attempted yesterday & rejected with vol., leading to belief that sellers have lost interest. 3. A DESCENDING TRIANGLE formed. Therefore, a good move can be expected. ____________________________________________________ Aggressive Entry at cmp with SL 31. Targets of 43.55, 58,63. RR of 1:3.5
Disclaimer: As always, trade according to your own risk appetite. And always enter SL first.