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ParamjitMahapatro
Dec 22, 2017 4:47 PM

den network looks bullish in medium term to long term Long

DEN NETWORKS LTDNSE

Description

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

Trade active

till now 143, 1st tgt achieved here, cheers,

breakout with rise in volume, in daily, BB is now expanding, looks quite bullish,

Trade active

in weekly, price came back to the double bottom neckline and it bounced from the horizontal support.

Trade active

cmp - 102.10,

price bounced from trendline support. looks bullish, it can bounce back to 140 level.

Comment

Price came again to touch the trend line support

Trade closed manually

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