Idea here is finding reversal setup.
stock is currently trading at weekly and monthly support level.
momentum on downside is also fading.
which gives clues that it may reverse.
entering on confirmation will give late entry so split entry into 50% qty will give good avg.
will enter rest qty on bullish confirmation till then wait and watch.
stock is currently trading at weekly and monthly support level.
momentum on downside is also fading.
which gives clues that it may reverse.
entering on confirmation will give late entry so split entry into 50% qty will give good avg.
will enter rest qty on bullish confirmation till then wait and watch.
