imdbeststocktrader
Long

GAL (GYSCOAL ALLOYS LTD) - Long

BSE:GAL   GYSCOAL ALLOYS LTD
56 views
0
GAL (GYSCOAL ALLOYS LTD) - Long

Price will move up till he trendline on RSI . If the price breaks that trendline then price
will move much higher and you need to exit if it retraces from the RSI .

RSI broke the trendline on 24th November 2016 and price moved considerably.

Trend is your friend. Price is above 200 and 50 SMA , suggesting an uptrend.
Comment: RSI did not break the upper trendline. Trade did not get activated. Now the RSI has broken the bottom trendline.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out