@suhanisharma125 Looking at the chart, it has close above 20 EMA and has crossed the down trend lines which signals a change of character. Based on these analysis, it's a BUY!
📥 Entry Rules (Buy Setup):
Enter only when the 20 EMA flips above the 50 EMA (uptrend confirmed).
Make sure RSI (14) stays above 50 to validate strength.
Buy the dip when price pulls back to the 20 EMA while RSI remains above 50.
📤 Exit / Stop-Loss Rules:
Exit immediately if the 20 EMA slips back below the 50 EMA, or
If price closes below the 50 EMA (trend weakening).
💡 Why This Works:
A clean pullback strategy that rides an established uptrend using EMA alignment + RSI strength for confirmation.
#trading