Ankita_yadav
Long

DENA BANK, LONG, TARGET-34, STOPLOSS-30

NSE:DENABANK   None
Share has formed Bullish Engulfing Pattern (Shown in blue box) with a very good volume (Shown in black box ). Relative Strength Index has also started moving in upward direction which is shown by black arrow in RSI graph. EMA 12 DAYS is also moving toward EMA 26 DAYS and trying to converge with it. All these things indicate upcoming uptrend. Share will cross 34.
Trade active
Trade active
Trade closed: stop reached
STOP LOSS kaya tha?
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Vijaya Bank and Dena bank are also eyeing a merger, which may result in up move due to market sentiment.
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@IamRam, yes.. true
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