ENIL !! Multiyear breakout with huge volume. Re-Test is done successfully in weekly chart !! can be consider for swing trading
ENIL Monthly chart form double bottom with breakout buy on dip first target 570 &Second Target 700..
Big Players are doing bottom fishing. By the time retail investor will know about this stock. Big players would have made almost double. Can be a good risk control trade with strict stop loss near green support range. Anything below this will bring further selling.
The game is simple the green line indicates supports and whenever this stock hits that level of 96-98 it sky rocket till 228 but why 228 because there is a resistance at that level which will bring that stock down and one more resistance is there which I didn't mark and that resistance is psychological resistance that will be around 200 level. NOW the most...
ENIL NOW ABOVE 20 SMA ON WEEKLY CHART WITH GOOD UPSIDE VOLUME.