In daily price is moving in a horizontal channel, price recently bottomed out at channel support, now moving up towards the channel resistance. regular bullish divergence formed at the support zone.
sl - 640, tgt - 800-820
sl - 640, tgt - 800-820
Trade active:
till now 727, going good, price closed above upper BB with high volume, BB is expanding, sign of bullishness,
Comment:
inv HnS formed here, breakout happened with good volume, pattern tgt - 760
Comment:
also round bottom forming here,
neck line at 752-758 level.
neck line at 752-758 level.
Comment:
all tgts achieved here, including the tgt of the round bottom also
then it has came down to retest the neck line.
then it has came down to retest the neck line.