KnowledgeAndProfits

Edelweiss Fin Services Bullish Scenario

Long
NSE:EDELWEISS   EDELWEISS FIN SERV
Bullish outlook on Edelweiss. This could potentially be a turning point from the weekly chart, resulting in this market shirting into a 'buy program' and seeking high prices.

The eye symbol resides above old highs - a place where liquidity would be resting in the form of buy-stops. Think of the sellers who are making money selling short, were would there stops be? Exactly, where old highs reside! Those are our short term targets.

Interesting to see what happens.

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