Trade rationale

Other – Study mentioned in Notes Below

The Following chart showing support and resistance line for the script. As we can see on 30 min time frame and 1 day time frame, the script has taken support at 860 levels for the immediate target at 895 levels and stop loss below 850 levels. on 1 Hour time frame RSI(14) stood at 35.4, MACD(12,26,9) at -1.9 and ADX(14,14) at 18.6 confirms the short term buy call for the script.