Dhanlaxmi bank - On your marks
This stock has following attributes after reversal
1) Price > 50 DMA
2) 50 DMA about to cross over 200 DMA.
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone and has crossed 50 DMA from bottom
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 4 sessions
7) Very strong Northward Price action after breaking out from Price Action
Ideas and Analysis is a academic exercise and no recommendation to BUY
1) Price > 50 DMA
2) 50 DMA about to cross over 200 DMA.
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone and has crossed 50 DMA from bottom
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 4 sessions
7) Very strong Northward Price action after breaking out from Price Action
Ideas and Analysis is a academic exercise and no recommendation to BUY
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.