BlueEntry
Strategy for Entry:
Wait for Confirmation:
Monitor the ₹6,000 zone closely. If the price stabilizes or forms bullish reversal patterns (e.g., hammer, engulfing), consider entering.
RSI Divergence:
Look for positive RSI divergence (price makes lower lows, but RSI makes higher lows) near support for confirmation.
Risk Management:
Place a stop-loss below ₹5,900 to minimize risk in case the support fails.
Target previous resistance levels for profit, such as ₹7,200.
Wait for Confirmation:
Monitor the ₹6,000 zone closely. If the price stabilizes or forms bullish reversal patterns (e.g., hammer, engulfing), consider entering.
RSI Divergence:
Look for positive RSI divergence (price makes lower lows, but RSI makes higher lows) near support for confirmation.
Risk Management:
Place a stop-loss below ₹5,900 to minimize risk in case the support fails.
Target previous resistance levels for profit, such as ₹7,200.
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