padiyaraa
Long

Alphageo:772 in Flag@support,OS and positive Divernce.Res:888

NSE:ALPHAGEO   ALPHAGEO(INDIA)
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Alphageo:772 is trading in Flag bottom support, over sold ,with a positive divergence,
Having next res: 888 and 950 Stop:750
Comment: it is quite normal that,something newsworthy happens the previous day or before trade strat, will create a buying frenzy.
In this case also the govt:polcy on oil exploration is going to favor alphageo. Now price gap up in the initial trade couldn’t sustain, still it maintains the gap, showing the bullishness.
Sir,Please share your view w.r.t. today's movement in script
Reply
padiyaraa deepanshujain
@deepanshujain, it is quite normal that,something newsworthy happens the previous day or before trade start, will create a buying frenzy.
In this case also the govt:polcy on oil exploration is going to favor alphageo. Now price gap up in the initial trade couldn’t sustain, still it maintains the gap,
showing the bullishness.
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