Support and Resistance setup:
System: Range trading
1. Stock bounces from their support level on daily time frame and closes above 20 DMA.
2. RSI shows strength.
Basis: Price action, MA and RSI
Entry Levels: 3190-3240
SL: 3150 closing basis
Target: 3340/3470/3570
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.
