Buy: 2675 1st lot - confirmation on RSI & RS required for more conviction
AWAP: 2595
SL: 2518
Early Exit: RS < 50 EMA / RSI < 50
Value:
- Price under VCP & taking support @ RS 50 EMA
- Price above VWAP and Supply Zone
- RSI above 50 level
Trigger:
- Narrow Rang Breakout with bullish bar
- Enhanced Volume
- Deliveries: Daily deliveries are higher than 10 moving average
- RSI & RS Reversal is confirmed
2nd lot confirmation
- Break out above 2750 (VCP)
- Follow-through