The analysis is on how to create a low risk high reward trade with RSI being a key indicator,together with previous broken resistance line now acting as a support.
If the price slope of the stock is negative (bearish) and the RSI slope is positive (bullish) it is an indication (RSI BULLISH DIVERGENCE) of the reversal in the price of the stock.With the previous...
Look for Low risk, High reward, and High Probability setups. – Richard Weissman
Scenario
Many traders get destroyed by fighting the trend, insisting that the market is due to reverse itself or they try to chase the market. They may try to catch short-term countermoves in hopes of making a few quick points, or they may always look to catch tops and bottoms in...
BOSCH at long term demand zone
Keep accumulating the stock at these levels for long term holding
Stock can go side ways in short term
Hold till it breaks down support
Low risk high reward trade
NSE:BOSCHLTD
