A Minor Pullback can be expected till 20 EMA but as it has broken the RSI Convergence Line, and also RSI indicating the same and is above 60, I will recommend an entry with caution for the Minor Pullback. I will recommend keeping 1630 as the initial Stoploss, then move along till RSI is above its Yellow MA Line and if you are checking the minor pullback, just verify if the 1630 Level is broken below to confirm entry.
But definitely a Long entry as of now.
Entry time has passed. So Enter with caution or wait for the pullback till Violet Line.
But definitely a Long entry as of now.
Entry time has passed. So Enter with caution or wait for the pullback till Violet Line.
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