mohit26041988

SWING FOR LONG POISTION

Long
NSE:ADANITRANS   ADANI TRANSMISS.IN
NAMASTE
TIME FRAME : WEEKLY
1.POSITIVE CROSS OVER IN MACD
2.BROKE THE CHANNEL PATTERN.
3.BREAKING THE TREND LINE UPWAYS.
4.BOUNCE FROM 200 DMA
5. DOUBLE BOTTOM FORMATION, BREAKING THE NECK LINE.
IT MIGHT FOR A CHANNEL PATTERN AGAIN NEAR TARGET, IF THE RESISTANCE IS BROKEN IT CAN RISE TO 300+ LEVELS.
TRADE AT YOUR OWN RISK.