Added more today @ 82.5 Took big position today! Big breakout on all timeframes Consolidating above resistance in a very tight range will add more once weekly candle closes above 90 EPS increasing Sales increasing Promoter holding increase Dividend 3.6% #j
big breakout on monthly and weekly timeframe price sustain for a very long time around monthly resistance area and now price is coming out of that base, very positive candle patterns debt free high cash promoter holding increase eps increase sales increase
Potential Longs. 1. Go long after it closes above 80 at week level 2. Keep stops at the structural levels 3. Check for fundamentals as it seems to break 11 years of consolidation ( Why the narrative for the rally ?? ) 4. Very Weak selling pressure at its long term monthly resistance - why is it the case ?? 5. Does the industry has sound fundamentals to go longs...