getmohsin.py

Strong Ichimoku setup - Mid Term

Long
NSE:MANPASAND   None
The stock had a Tenkan Sen/Kijun Sen crossover recently on May 18th.

Chikou span is in open space. With both Tenkan Sen, Kijun Sen, as well as Future Kumu, rising.

It was stuck inside Kumo on weekly chart but had a breakout today closing about 92 pips above the weekly Kumo.
Chikou on the weekly chart is in open space too but may hit the price bars soon if it doesn't break above 499.

I am taking this as a bullish opportunity for mid-term.
Trade active: Already bought at 432.25, but one can wait for a minor pullback for a safer entry.
Trade closed: stop reached: There's nothing Ichimoku could do, after that sad resignation. Still trying to exit the position, hope it gets triggered tomorrow.

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