buy on weakness

Waiting to Long at 117,300 — Buy on Weakness

I don't think it will reach that level. I'm not expecting the target to be hit.

I'm watching 117,300 as my long entry for a short-term trade and will scale in if price shows support.

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Analysis

Upside appears limited from current levels; a retracement toward 117,300 offers a clearer risk-reward for a short-term long if price confirms support there.

Recommendation

Buy on weakness: enter around 117,300 with a defined stop-loss and small position size, scaling in if support holds.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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