Weekly 40 Support/ 200 MA Daily 1. Price -Double bottom - also at previous supports 2. Pattern- In Triangle- Near Support- Multi Year 3. Volume Diversion - At 1st Limb High Volume- Seems Exhaustion Volume, then at second - Low 3. Volatility Diversion - BB - One limb is outside, the another is inside 4. RSI Diversion
Challenges 1. Daily RSI below 40- Watch Daily Price action 12th Aug Onward- If 9th Aug 24, high crossed, Can be a good early entry with 12th Aug 24 low as SL. 2. Pyramid at 6900, ie swing high. 3. 1st Target- Triangle upper line Then wait how trade evolves
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