-Strong Weekly and Monthly momentum Suggested by RSI above 60 Breakout in Price Supported by: a) High Volume b) Breakout in Daily RSI c) Relative Outperformance to Broad Market (CNX500) d) Leading Market Sector 1. Enter Long 402.25 2. Initial stop loss below 386 on closing basis in hourly timeframe. 3. Trailing Stop with SuperTrend or Adaptive ATR on 120min...
Weekly and Monthly RSI values above 60 indicating strength in Upward Momentum. 1. Possible positional long entry above 15060. 2. Initial Stop Loss Below 15000 if supported by reduction in Put Open Interest (Short Covering In puts) 3. Trailing Stop loss with SuperTrend or Adaptive ATR on 15min time...