yrdvas

May go long based on Volume, Relative trend and Price action

Long
NSE:ASTRAZEN   ASTRAZENECA PHARMA
Astra Zeneca, seems to reversing out of consolidation on Weekly - Testing trendline on the upside with good Marubozu candles supported by Good volume and break of RSI above NIFTY relative trend. Expect the trend to continue short - medium term, will watch next week candle before taking position.

T1: 3311
T2: 4337
T3: 4892

These are not very far off from the Fibonacci reversal levels

SL before 200 EMA.


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