0Always go with the Higher Time frame Trend, 50 Day SMA will help you analyse whther a Stock is in Uptrend , Sideways or Downtrend.
Never try to against a Trend. Use Strategy of Buy on Dips in a Uptrend and Sell on rise in a Downtrend. During face of Consolidation or Sideways always play between Support & Resistance.
Indicators & Oscillators are Secondary to Trend. Candlestick also just give you confirmation. It is the trend which keeps you in Profit.
Using Strategy of Multi-Time Frame analysis will help you analyse the Right Trend. Also keep a Good Risk to Reward Ratio beore taking a Trade and always Trail your Stoploss to Maximise Profit.
Treat Trading as a Business and always keep Plan A if Plan B fails. Plan your Trade and Trade your Plan.
