Bullish Divergence on Monthly TF.
Double Bottom Formation around 5.90
It may touch 13 - 13.50 if 9.85 is Sustained.
Immediate Resistance is around 8.50 and then
9.85 - 10.40 range.
Players may enter in this stock with a
Stoploss of 5.89 on closing basis targeting 13;
BUT TRAILING STOPLOSS SHOULD BE THE APPROACH.
Double Bottom Formation around 5.90
It may touch 13 - 13.50 if 9.85 is Sustained.
Immediate Resistance is around 8.50 and then
9.85 - 10.40 range.
Players may enter in this stock with a
Stoploss of 5.89 on closing basis targeting 13;
BUT TRAILING STOPLOSS SHOULD BE THE APPROACH.
MM - House of Technicals
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.
MM - House of Technicals
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.