Sir you are more expert than me.I am just following bullish indicators method of divergence with RSI (5) indicator.My first buy was Hindalco after seeing this divergence.All are EOD based line graphs.
I failed in infosys bought in april and HCLTECH.This Hcltech crossed 5% profit mark 2 times but I didn't sold it.my greed
Market is bullish.We have to be long in swing. So buy 20-25 points dip and keep a stoploss of 25 points from your purchase price....market if reverses will take us out on the stoploss.
Market is giving 25-30 points correction every day...so buying the dip is a better strategy than buying breakouts as long as we are in bullish mode in swing.Buying dips has a better RR.