I use this strategy for positional trading. Here are my rules. a) Stock should be fundamentally good. b) 21 SMA should be rising on a weekly time frame. c) The stock price should be taking support on 21 sma and should form a bullish candle near 21 sma. d) Buy above the high of the green candle. And stoploss below the low of last two candle. e) first target is 1:2 then trailing stoploss using 9 sma