Range Trading
A strategy that involves buying as price moves to lower support levels and selling as price moves to upper resistance levels
GVK Power & Infrastructure has been largely trading in the range of 40 to 50 levels from almost a year.
Buy at around 42
Sell at around 50
Gain 19%
Risk : Sell it if it breaks 40 and trades below 40 level for few days
Reward : Hold if moves above 50 on large volume
