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amankavi
Jul 5, 2017 1:20 PM

BOB -ride with the ascending wave Long

BK OF BARODANSE

Description

Scrip can show uptrend towards resistance from lower ascending trendline (support)
TP long till resistance 1 if Green engulf candlestick appears with bulls trading the game
Support = As shown in chart
Call = 50-70 days

Comment

Again, Will wait and see as the scrip has retraced back from 165 levels. Will prefer to enter the trade after it goes beyond 165-167 levels assuring of bullish trend towards resistance
Comments
amankavi
Bulls could take the ride as per dragonfly doji candlestick which has somewhat formed..NIFTY should cross resistance level of 9700 also :)
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