A strategy that involves buying as price moves to lower support levels and selling as price moves to upper resistance levels
GMR Infrastructure has been largely trading in the range of 50 to 66 levels from almost a year.
Buy at around 50
Sell at around 62
Gain 24%
Risk : Sell it if it breaks 50 and trades below 50 level for few days
Reward : Hold if moves above 62 on large volume
