Range breakout
System: Swing trading
1. Stock gives range breakout on daily time frame and hit all time high level.
2. RSI comes above 60 levels.
3. TSI becomes positive.
Basis: Price action, RSI and TSI.
Entry level: 8480-8550
SL: 8300 closing basis
Target: 8800/9000
Duration: 1-2 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.
