ParamjitMahapatro

izmo looks bullish in short to medium term

Long
NSE:IZMO   IZMO LTD
in daily, price bounced from the support zone, also hidden bullish divergence is seen here.
sl - 52, tgt1 - 60, tgt2 - 70
Trade active:
after a BB squeeze, izmo showing strength, price closed above upper BB with good volume and BB is expanding.
Trade closed: target reached:
both of the tgts reached here, recently it has corrected and now at support level (trend line + 20ma). it should bounce from here,
Comment:
price is trending up and sustaining above 20 ma, 82 level can be achieved here,
Comment:
tgt of 82 is achieved here.
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