Sniper-Traders

SILVERBEES : Took a position for about 5% of the capital

Long
NSE:SILVERBEES   NIPPONAMC - NETFSILVER
I held a strong conviction regarding a potential move in Silver, as detailed in the attached post. To capitalize on this anticipated move, I initiated a position in Silverbees, committing approximately 5% of the capital. I am open to augmenting the position should the price decline to the lower trendline of the higher timeframe channel.

I anticipate a move of approximately 7.5% and plan to contemplate profit booking at those levels, aligned with the top of the channel line as depicted in the chart.






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