Long on Nilkamal

Updated
Study:

1. Reversal from 200 EMA
2. Reversal from support zone
3. Reversal from trendline
4. Short term trendline breakout
5. MACD crossover
6. RSI divergence
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SL: Previous swing low
Target : 1:1.5 R:R
Note
EDIT: RSI divergence happens from 26 OCt to current high, not as shown in chart.
Support and ResistanceTrend AnalysisTrend Lines

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