ParamjitMahapatro

deepak fertiliser looks bullish in medium term

Long
NSE:DEEPAKFERT   DEEPAK FERTILISERS
breakout of resistance zone with high volume, now retesting it. It should reverse soon.

SL - 265, 1st tgt - 302, 2nd tgt - will revise later

in longer time frame it is in strong uptrend,
Trade active:
bang, today it is up by 5.6% . closed at 299.45
Trade active:
till now 310, 1st tgt achieved, but it has good upside potential, one should hold it with a trailing sl.
Trade active:
till now 357, total 26% gain.
Trade active:
till now 388, 35% gain
Trade active:
big move, closed at 392.50
Trade active:
regular bullish divergence formed at the horizontal support zone,
Trade active:
cmp - 426.65, price successfully bounced from the support zone
Comment:
hidden bullish divergence seen in weekly
Comment:
price closed above upper bb with high volume, now bb is expanding
Comment:
480 coming soon.
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