shiv0110

Looks like a trend reversal

Long
NSE:BOMDYEING   BOMBAY DYEING &MFG
A good morning star at the bottom , it has broken the highest high of the candle of morning star pattern today.
also there is Bullish divergence in RSI and MFI .
there is 200 DMA around 233 levels , 20 DMA around 226-227 and a good resistance at 238-240 levels keep an eye on this. i traded the morning star bought at 228.90 .
Expert comments are always welcome and appreciated thanks :)

Comment: couldn't close above 200 DMA . Keep a watch

Comments

I am tracking this too..........
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