RPOWER is forming bullish engulfing with RSI is showing probable crossover of 30 line. Volume is still average. If counter closes above 4.70 then the pattern will be confirmed.
Strategy 1 : Buy RPOWER if trading at 4.70 or above during 3- 3.25 p.m. with stop loss of 3.95 Target open
Strategy 2 : Those who want one more confirmation can wait for CCI crossover above -100.
Note: Our clients have position in Rpower
Strategy 1 : Buy RPOWER if trading at 4.70 or above during 3- 3.25 p.m. with stop loss of 3.95 Target open
Strategy 2 : Those who want one more confirmation can wait for CCI crossover above -100.
Note: Our clients have position in Rpower
Trade active:
Counter touch 3.95 but didn't close below it. We have bolded buy position with SL of 3.80. you might have booked at 3.95.