IBULL is showing strength to move upwards
Updated
Given breakout with vol; Closing near high is good sign; PCR is below 0.5 and OC is extremely bullish
RSI bullish; Closed abv 50 DEMA today bullish sign; If crosses 160 then will move towards 180; If it crosses 180 then huge shrt covering rally will be seen.
Might have a gap up tomorrow.
RSI bullish; Closed abv 50 DEMA today bullish sign; If crosses 160 then will move towards 180; If it crosses 180 then huge shrt covering rally will be seen.
Might have a gap up tomorrow.
Note
Target 1 (T1) achievedTrade closed: target reached
Expected to reach T2 after it crosses 176.5. It is now heading towards a resistance zone and might face some resistance there. Hence might retrace back before it continue it's upward journey.Trade closed: target reached
Target T2 achieved. Buy on retrace now. Structure is very good and expected to move on.
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