DEEPAKNITRATE-Long for 20 %
on weekly charts
1. ascending triangle pattern
2. bounce from the slope of ascending triangle
3. 3>6>18>50>200 Week EMA while price bouncing from 200 week EMA and closing above 18 week EMA .18 week EMA provides a strong support and can be used SL
4.price closing in 2 year high zone
5.weekly MACD (12-26 ) showing positive momentum
entry - ideal at 2350 to 2320 level
target - 3000
SL - 2300
1. ascending triangle pattern
2. bounce from the slope of ascending triangle
3. 3>6>18>50>200 Week EMA while price bouncing from 200 week EMA and closing above 18 week EMA .18 week EMA provides a strong support and can be used SL
4.price closing in 2 year high zone
5.weekly MACD (12-26 ) showing positive momentum
entry - ideal at 2350 to 2320 level
target - 3000
SL - 2300
Note
10 % done .might gap up tomorrowTrade closed: target reached
exit 19 % done
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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.
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.