karthik_77

karthik_77

Backtesting the pivot strategies Wait till it reaches the L3 for the reversal.

karthik_77 Updated 

Doing this analysis for education purpose only, Right now graph seems uptrend and making higher highs and lows, As per the R&S strategy, mostly we can expect to short in the upcoming trade,if it crosses the support.

karthik_77

Just my insight in tata power stock , i guess tata power in long term may reward. Tomorrows call will be based on the next candle formed. Target can be placed on the prior red candle's high and low in the support line. Am a pure beginner, . Let me know if any others have an different perspect!!!