When The Stock Closes Above The Resistance Level And A Buy Signal Is Generated You Can Buy 40% When The Stock Crosses High And Other 25% On Decline Between The Pivot Of Resistance And Support Levels. And You Can Use The Same Support As Your Stoploss And Reverse Your Trade If The Stoploss Is Hit With Vice Se Versa. One Can Also Buy Near Supports Level If The Stock Is Trending In Upward Direction And Sell Near The Resistance If The Stock Is Trending Down Side Where Risk Reward Shall Be Very Good Also Check The Charts Before Trading As There Is Real Money To Be Put In Also If You Are New Please Paper Trade The Strategy For One Month And If You Are Comfortable You Can Put In You Money Otherwise Not.
Here If RSI Is Rising It Shall Show You In Green Color Which Indicates Positive Divergence And If It Is Declining Shall Show In Orange Color Indicating Negative Divergenace. Also When Rsi 5 And 14 Are Below 20 Levels On Can Accumulate The Stock If Takes Support Also When There Is Negative Divergence And Support Is Breached On Can Short The Stock.
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