DEEPAKNITRATE-Long for 20 %
Updated
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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