I’m watching $SOXS after its 21.83% advance to 62.61 USDT (Rs17,322.93). The semiconductor-linked move is notable, but I want confirmation rather than buying a vertical candle. I’d consider a long only if 61.0–62.0 holds as support.
Entry: 61.80;
stop-loss: 59.50;
take-profit targets: 64.50, 66.50,
and 69.00. If support fails, I’ll stay out and reassess. Pro tip: monitor broader market direction and volume, since sector-linked products can react sharply to headlines. I’ll use modest leverage and protect profits progressively. These levels are illustrative, not guaranteed; verify the instrument’s specifications and live price first. I’ll avoid trading directly into major scheduled announcements.
Entry: 61.80;
stop-loss: 59.50;
take-profit targets: 64.50, 66.50,
and 69.00. If support fails, I’ll stay out and reassess. Pro tip: monitor broader market direction and volume, since sector-linked products can react sharply to headlines. I’ll use modest leverage and protect profits progressively. These levels are illustrative, not guaranteed; verify the instrument’s specifications and live price first. I’ll avoid trading directly into major scheduled announcements.