TradingView
akashbothra
Apr 15, 2019 3:20 PM

Elecon Moving Up Long

ELECON ENGINEERINGNSE

Description

Weekly Supertrend in the Green = Bullish
Daily William%R bouncing from oversold levels = Pullback done
Bouncing back from near 50% fibonacci levels = Bullish
Support taken at an old support and resistance area = Demand zone
More than 7 times the average volume = Bullish

Buy with a stop loss at Rs.59.50 for a target of Rs.70 and above
More