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Selling a Range Bound Price at Resistance - Risk Reward 1:6

Short SRTRANSFIN Below 1193 - Stop-loss 1235 - Target 940
Risk/Reward 1:6

If Price Closes above 1234 Before Breaking 1193 then trading set-up becomes invalid. CMP is 1203.

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How to trade ranging prices/market

How to Trade Range-Bound Prices
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View negated, as it closed above 1234 before giving short entry at 1193.
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