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den network looks bullish in medium term to long term
DEN NETWORKS LTD
Long
den network looks bullish in medium term to long term
By ParamjitMahapatro
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Updated
Jan 15, 2018
4
Dec 22, 2017
In weekly, double bottom formed then breakout happened above neckline, also round bottom formation is in progress,
also candles are pushing the upper BB upward and BB is expanding
with a sl - 93, 1st tgt - 132, 2nd tgt - 168, long term tgt - 229
Jan 15, 2018
Trade active
till now 143, 1st tgt achieved here, cheers,
breakout with rise in volume, in daily, BB is now expanding, looks quite bullish,
Feb 10, 2018
Trade active
in weekly, price came back to the double bottom neckline and it bounced from the horizontal support.
Apr 2, 2018
Trade active
cmp - 102.10,
price bounced from trendline support. looks bullish, it can bounce back to 140 level.
Jun 10, 2018
Note
Price came again to touch the trend line support
Jul 23, 2018
Trade closed manually
breakout
Bullish Patterns
Double Bottom
Double Top or Bottom
reversalpattern
roundingbottom
Trend Analysis
ParamjitMahapatro
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