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archidply looks bullish in short to medium term
ARCHIDPLY IND. LTD
Long
archidply looks bullish in short to medium term
By ParamjitMahapatro
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Updated
Aug 25, 2017
5
Aug 21, 2017
Long term trend is quite bullish.
In weekly, price bounced from trend line support, also hidden bullish divergence is seen.
Also BB shows that, 20 ma has been a good support
sl - 80, 1st tgt - 117
Aug 23, 2017
Trade active
up by 3.2%, closed at 90.30
Aug 25, 2017
Trade active
going good till now 92.55
Sep 9, 2017
Trade active
in daily, price closed above upper BB with good volume, and BB is expanding. sign of bullishness. till now 99.80.
Sep 29, 2017
Trade closed manually
price is moving sideways, it is no more in uptrend.
Bullish Patterns
Bullish Divergence
support
Trend Lines
uptrend
ParamjitMahapatro
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