Buy: 2675 1st lot - confirmation on RSI & RS required for more conviction
AWAP: 2595
SL: 2518
Early Exit: RS < 50 EMA / RSI < 50
Value:
- Price under VCP & taking support @ RS 50 EMA
- Price above VWAP and Supply Zone
- RSI above 50 level
Trigger:
- Narrow Rang Breakout with bullish bar
- Enhanced Volume
- Deliveries: Daily deliveries are higher than 10 moving average
- RSI & RS Reversal is confirmed
2nd lot confirmation
- Break out above 2750 (VCP)
- Follow-through
AWAP: 2595
SL: 2518
Early Exit: RS < 50 EMA / RSI < 50
Value:
- Price under VCP & taking support @ RS 50 EMA
- Price above VWAP and Supply Zone
- RSI above 50 level
Trigger:
- Narrow Rang Breakout with bullish bar
- Enhanced Volume
- Deliveries: Daily deliveries are higher than 10 moving average
- RSI & RS Reversal is confirmed
2nd lot confirmation
- Break out above 2750 (VCP)
- Follow-through
Trade active
31June, 2021 - Early 2nd lot confirmation @ 2688 Trigger RSI showing support
RS (1Month) - getting positive
Trade active
Price > 2866 ( Fib Ext: 0.618) wtih volume.Trailing SL: 2638
+ADX > 25
Pyramiding oppo: RS & RSI confluence, watch 10 EMA for Pullbacks.
T1 - 3074
T2 - 3400
T3 - 3600
Trade active
T2 - 3400 ACHIEVED Trailing SL - 3074
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.