Stockupy

DILIP BUILDCON | 40% swing potential | Divergence

Long
NSE:ASHOKA   ASHOKA BUILDCON LTD
CMP- 83
SL- 75
Target- 118


(10/5/21)

-Weekly / Daily EMA negative
- AREA OF CONFLUENCE - S/R and trendline support
- RSI Divergence in 4hr TF
- Volumes are starting to pick up
- Trendline break may confirm the entry
- Crucial structural zone


Only negative factor here is stock is below important EMA's

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.