in weekly chart, price bounced from horizontal support, trend line support. Also hidden bullish divergence found here.
At cmp - 111.85, tgt - 160.
At cmp - 111.85, tgt - 160.
Trade active
today its up by 7.3%Trade active
till now 124.9Trade active
in daily, price approaching uptrend channel support. Trade closed manually
channel support broken, and price is in short term downtrend. Note
price came again to the support zone. Trade active
price bounced from support zone, closed at 105.80 Note
price is showing strength after a long consolidation, now up trend is clear, and it is gaining momentum, In weekly, descending trend line broken here, few weeks back, recently big green candle formed and price closed above upper BB and upper BB is moving up. Lesson learned : patience and conviction on own analysis is really important for wealth creation in stock market.
Note
double bottom breakout with good volumenow retesting the breakout level pattern tgt is at 150
Note
cmp - 146.45 double bottom tgt almost done here, Note
at cmp - 136.60, it has formed hidden bullish divergence in daily, also price took support at ascending lower BB, bounce back is likely
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.