The stock has given classical double bottom breakout that too with divergence. The simple pattern offers a long trade in stock by providing suitable stop loss. Prices can easily climb to 5300 in coming days.
@dandy235, macd is above 0 and the secret patern is super bullish !! investment stock
praveen.bhatiya
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@dandy235, Thanks for adding to the idea. What is secret pattern please.
dandy235
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@Praveen.bhatiya, secret pattern refers where the stock is taking support on Fibonacci levels after long term consolidation and making a next move for new wave but still the volume is missing !!!!
praveen.bhatiya
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@dandy235, Thanks for prompt reply. I sincerely appreciate. Regarding volume it was reasonably good on the date of breakout on daily chart.
shiv2798
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Better to wait for small retrace ment and then ride it
Cheers