Amatuer_Sanjay

Reasons to buy this stock

Long
Amatuer_Sanjay Updated   
NSE:ELGIRUBCO   ELGI RUBBER CO LTD
A beautiful Morning start pattern formed with good volume
Bullish volume are significantly larger than bearish volumes recently
MACD and RSI and DEMA indicates a buy.
Trend is bullish with higher highs and higher lows
Look at fib retracement in diagram and its respected so beautifully.
All these indicate towards a definite buy
Comment:
Keep a watch to reach support and then buy at support level and sell at resistance. swing trade
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