It should sustains above the trend line & takes 200 EMA support. Volume to be seen. Educational post.
Best example of positive divergence at support level. Do your own analysis
Positive divergence in Aurobindo pharma
See volume & take call. Do your own analysis
If it break the support line, short. If it breaks & again comes back above support line, look at volume & then take call.
Keep eye on volume & see how it moves ahead. If there is strong breakout above resistance line with volume, Go long. Do your own analysis as well..