Superb structure:
Daily - Change in structure, making HH and HL.
weekly - waiting for a breakout from 200EMA, and respecting trend line.
Volumes were pretty good after excellent quarterly results, with an venture into EV's.
Very good fundamentals, with zero debt.
once price breaches, 16800, there is no stopping it.
any pullback is an opportunity to accumulate.
be patient!
Daily - Change in structure, making HH and HL.
weekly - waiting for a breakout from 200EMA, and respecting trend line.
Volumes were pretty good after excellent quarterly results, with an venture into EV's.
Very good fundamentals, with zero debt.
once price breaches, 16800, there is no stopping it.
any pullback is an opportunity to accumulate.
be patient!
Comment:
9th June21: made cup and handle pattern.
Trade closed: target reached:
booked my profits approx. 15% at 16121 INR.