IOC - Swing BuyPrice took support at trendline and RSI made hidden divergence and trading above 40 levels.
Disc: Not a trading recommendation. Educational purpose only.
Sr
IBULHSGFIN : Terminal PointIBULHSGFIN reached its terminal point & being resisted by previour major sell off zone, it should turn back towards mean(Yellow Line) or Lower TL.
Trades can be taken either side Eg. Long from Lower TL( Green Line ) Short for Upper One.
A Good read for all : why-teamwork?
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TATA ELXSI Trendline Trading StragyTata Elxsi in down trend seeing a bounce from the weekly trendline support with a Morning star pattern reversal.
Should try to test the monthly trendline and if broken can test the weekly trendline too.
Entry 1305
SL 1222
Target 1 1441
Target 2 1490
Reward 1 136
Reward 2 185
Risk 83
ROR min 1.6
ROR Max 2.2
