$CHIP

Market Event: Price ran a sharp short squeeze through near liquidity and closed above the prior intraday trigger level.

Momentum Implication: This keeps momentum constructive while the sweep high holds as accepted price.

Levels:

• Entry Price (EP): Rs33.60–Rs34.30

• Trade Target 1 (TG1): Rs36.20

• Trade Target 2 (TG2): Rs38.10

• Trade Target 3 (TG3): Rs40.50

• Stop Loss (SL): Rs32.48

Trade Decision: Bias stays long on controlled pullbacks into the reclaim zone with invalidation below local support.

Close: If Rs33.60 holds on retest, continuation toward the next expansion leg remains likely.

#MarketRebound #MarketRebound #WhatNextForUSIranConflict #ARKInvestReducedPositionsinCircleandBullish

CHIP

0.06387

-4.38%