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ReeAishw
Dec 22, 2020 8:33 AM

OAL- LONG TERM PERSPECTIVE FUNDAMENTALLY STRONG 

ORIENTAL AROMATICS LTDNSE

Description

ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
STOCK IS NEAR 100 EMA IN 4 HOURS TF AND ALSO NEAR 50 DAILY EMA(GREY). GETTING SUPPORTED BY LONG TERM TRENDLINE AND ALSO COMPLETED 38.20% FIBO LEVEL. **KEEP IN MIND THAT THERE IS NO HIGHER HIGH FORMATION YET**


The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK

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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!
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