Rachit_Sethia

#CESC CMP742.65 #Target 840+ #ModiSpeech #PMModi #Philipcarb #IT

Long
CESC (NSE:CESC)  
NSE:CESC   CESC
Weekly Chart

#CESC
NSE: CESC
Short Term Quick Profit
CMP 742.65
Target 1: 786
Target 2: 846
SL : 684
Timeframe < 90 Days
Can hold for longer time



ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!

Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia

Comments

Just wondering why ModiSpeech ?
+1 Reply
Rachit_Sethia ashishjee2017
@ashishjee2017, Thanks for stopping by. Yesterday's PMModi's speech gave the stimulus to the market, we are witnessing now. This is one of the main reason we trend bullish again.
I hope i am convincing. 😀
Reply
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