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ParamjitMahapatro

den network looks bullish in medium term to long term

Long
DEN NETWORKS LTD (NSE:DEN)  
ParamjitMahapatro Updated   
NSE:DEN   DEN NETWORKS LTD
Trend Analysis Double Top or Bottom Bullish Patterns breakout Double Bottom roundingbottom reversalpattern
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trendanalysis doubletoporbottom bullish breakout doublebottom roundingbottom reversalpattern
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
snapshot

with a sl - 93, 1st tgt - 132, 2nd tgt - 168, long term tgt - 229
Trade active:
till now 143, 1st tgt achieved here, cheers,

breakout with rise in volume, in daily, BB is now expanding, looks quite bullish,
snapshot
Trade active:
in weekly, price came back to the double bottom neckline and it bounced from the horizontal support.
snapshot
Trade active:
cmp - 102.10,
snapshot
price bounced from trendline support. looks bullish, it can bounce back to 140 level.
Comment:
Price came again to touch the trend line support
snapshot
Trade closed manually
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