Jindal Steel analysis for Cash & Futures by 3 Parameter Strategy

Trade Setup
Enter the trade at the opening.
Stoploss at the low of the signal candle for aggressive traders.
Stoploss below the 20ema for positional traders.
Trailing stoploss after a 5% move.

Analysis Notes
Bollinger Band is squeezed and the breakout of the upper band.
Rsi is above 60.
Macd bullish crossover

For educational purpose only.
Beyond Technical AnalysisbollingersbandTechnical IndicatorsjindalsteellongstrategymetalstocksRelative Strength Index (RSI)strategyTechnical AnalysistradesetupTrend Analysis

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