Moving Average - Price should above 200 Period Moving Average
Entry - 10 Period RSI Below 30
Exit - 10 Period RSI Above 50
Stop Loss - Recent Swing Low
I hope you understood the pullback trading rules.
Chart 1 : Reliance 9.68% Up
The price was clearly above the 200 Period Moving Average in the chart below, and the RSI 10 period was below 30, indicating that the pullback rule was satisfied.
Chart 2 : SBIN 9.4% Up
The price was clearly above the 200 Period Moving Average in the chart below, and the RSI 10 period was below 30, indicating that the pullback rule was satisfied.
Chart 3 : TCS 3.13% UP
Pullback rule satisfied
Chart 4 : Bank Nifty 2.51 % UP
Chart 5 : Wipro 3.76 % UP
I hope you enjoyed it. Please share and comment if you found this content useful.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.