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TAGaganDeep

Multi Year Trend Line Breakout

Long
E.I.D.-PARRY(INDIA (NSE:EIDPARRY)  
TAGaganDeep  
NSE:EIDPARRY   E.I.D.-PARRY(INDIA
Trend Analysis Technical Indicators Chart Patterns priceaction rsidivergence NIFTY nifty50 BANKNIFTY stockstobuy stockstowatch investmentideas alltimehigh
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trendanalysis indicator chartpattern priceaction rsidivergence nifty nifty50 banknifty stockstobuy stockstowatch investmentideas alltimehigh
The monthly chart of EID Parry shows a multi year trend line breakout with good volumes.
But this comes with RSI divergence too.

Though the breakout raises probabilities of further upside. The chances of long term upside may gain strength on close above the highest high.
Keeping SL at close below the lower trend line.
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