The analysis based on :
- Inverse Head & Shoulder Breakout
- Close above ema 200
- Descending Triangle Pattern in weekly chart
- Volume Surge
- Gap
Short Term Target Rs 710 ; Stop Loss Rs 640
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
- Inverse Head & Shoulder Breakout
- Close above ema 200
- Descending Triangle Pattern in weekly chart
- Volume Surge
- Gap
Short Term Target Rs 710 ; Stop Loss Rs 640
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Note
Weekly Chart:Descending Triangle Pattern
Note
Technical :Close above ema 200 , trendline support and volume breakout.
Trade closed: stop reached
fake breakout.re-enter above 200 ema.
Trade active
price closed above 200 ema with good volume. Stop loss will be below today's candle low.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.