Support and Resistance setup
System: Swing trading
1. Stock price is taking support near their strong support zone on daily as well as weekly time frame.
2. Risk reward is favorable.
3. RSI comes out from oversold zone.
Basis: Price action and RSI
Entry Level: 2480-2500
SL: 2450 closing basis
Target: 2555/2590/2695
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.
