Support and Resistance setup:
System: swing trading
1. Stock is showing strength as stock closes above 50 moving average.
2. RSI above 50 levels.
3. Risk reward is favorable.
Basis: Price action, MA and RSI
Entry Levels: 1160-1180
SL: 1100
Target: 1260/1300/1400
Duration: 3 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.
