Breaking out of trendline resistance. RS positive. Seems good for positional buy.
Trade active:
It seems to consolidating on the weekly chart and taking support on 20 EMA. Can be added at current levels with Stoploss of close below Rs. 33.
NOTE: The views expressed here are personal and is for learning purposes only. Any buying/selling decisions must be based on your own analysis.
NOTE: The views expressed here are personal and is for learning purposes only. Any buying/selling decisions must be based on your own analysis.
Trade active:
Another opportunity on weekly chart. After pullback, the stock closed above the resistance. It seems to follow through on previous week's hammer pattern. Positions can be added.
NOTE: The views expressed here are personal and is for learning purposes only. Any buying/selling decisions must be based on your own analysis.
NOTE: The views expressed here are personal and is for learning purposes only. Any buying/selling decisions must be based on your own analysis.