ICICI is at a position where we can take multiple trades . Not in sequence depends on how the stock moves . 1)1st trade would be taking a long after touch on the trend line . Risk only 2% of capital . 2) Short at 691 . Risk 1% cap. 3) If trend line has already been hit , can take chance with 3rd trend line bounce after it hits 691 . Risk only .5% or even less . All things said , keep a close eye on how the Sensex plays out for the day.
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