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deepak fertilisers looks bullish in short to medium term
DEEPAK FERTILIZERS & PETR
Long
deepak fertilisers looks bullish in short to medium term
By ParamjitMahapatro
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Updated
Apr 15, 2018
1
Apr 4, 2018
In weekly, price at horizontal support zone and hidden bullish divergence formed here.
In daily, regular bullish divergence formed here.
current correction retraced around 50% of previous rally.
sl - 273, tgt1 - 363, tgt2 - 470
Apr 15, 2018
Trade active
going good, after regular bullish divergence, in daily, price moving up steadily, BB is expanding and price pushing up the upper BB.
Jun 9, 2018
Trade active
cmp - 299.55, price has came down to retest the support zone, regular bullish divergence formed in daily, probability for double bottom here.
Jul 22, 2018
Note
at cmp - 254, in weekly, price at important horizontal support zone.
Bullish Divergence
retracement
support
Trend Analysis
uptrend
ParamjitMahapatro
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