Long
Equitas
Updated
On the daily chart stock price has formed "DOUBLE BOTTOM" pattern and has given breakout on closing basis
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20 and 50 day SMA which indicates positive bias.
* The above analysis indicate an upside of 120 - 123 invalid close below 112. #Findyourtrade
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20 and 50 day SMA which indicates positive bias.
* The above analysis indicate an upside of 120 - 123 invalid close below 112. #Findyourtrade
Order cancelled
Opened gap down. Trade didn't got executed.
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.