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Ruzbeh
Apr 12, 2018 5:37 PM

#Donear  Long

DONEAR INDUSTRIESNSE

Description

Donear testing 100 day exponential moving average (DEMA)! Last five candle tells the whole story!! Sellers have tried to push the price down from 6th april with a pin bar formation. However buyers have managed to push the prices again near 100 DEMA from 55-57!! If we see a close above 65, means buyer have an upper hand and stock can move further north!! Stop should be below the region where the buyers entered and provided support ( below 57)

Order cancelled

Buyers were not able to sustain price above 65 hence no entry found in this one
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