MIDCPNIFTY Hits 3 Targets in Short Trade – TP4 Awaiting!

2024年10月22日

In this short trade on the MIDCPNIFTY, three targets have already been met, reaching up to TP3 at 12605.25. We are currently watching for TP4 at 12499.35 to be achieved.

Key Levels

Entry: 13053.70 – A strong bearish signal triggered this short entry.
Stop-Loss (SL): 13139.35 – Positioned above the entry to protect from upward movements.
Take Profit 1 (TP1): 12947.85 – Achieved as part of the initial downward momentum.
Take Profit 2 (TP2): 12776.55 – Hit following sustained selling pressure.
Take Profit 3 (TP3): 12605.25 – Reached as bearish momentum continues.
Take Profit 4 (TP4): 12499.35 – The final target, currently awaited.

Trend Analysis

The price remains comfortably below the Risological Dotted Trendline, confirming a strong downward trend. Three targets have already been hit, and further downward momentum could see TP4 being reached.

2024年10月22日

交易結束：目標達成

All short targets done!

2024年10月22日

交易結束：目標達成

All short targets done!