Support and resistance trading
System: Swing trading
1. Earlier stock gives false breakdown and now comes above from their support levels.
2. RSI comes out from oversold zone.
3. TSI shows positive crossover.
Basis: Price action, RSI and TSI.
Entry level: 1500-1515
SL: 1450
Target: 1580/1620/1660
Duration: 2 months
Disclaimer: I am not SEBI registered. This is my personal view only for educational purposes. I might have this stock in my portfolio. Please do research on your own or consult with your financial advisor before investing and trading.
