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silenThunderr
Jul 1, 2020 6:17 PM

MOREPENLAB EODA 01 July 2020 

MOREPEN LABORATORINSE

Description

Pure Technical View


CRS Advanced and now side ways abv 50.
Price Retracing after Sharp move 2 Weeks back 15/06/2020

EMA Wise
Taking support at 21D EMA
RSI is retracing as well with price.
MACD is above Zero and Sideways.

Volumes in retracement LOW.

Price should bounce back from FIBO @ 21.50
TGT 34.00 & 43.00



!!! All charts for education purpose only !!!






Comments
abhi141992
@silenThunderr i am holding 1000 @ 22.85. please guide and what should be the near term target.
Shivguruji
Sure shot entry at these levels. It's consolidation phase for a big runup again
PrasannaSelvaraju
Any Updates bro ? Looking foward to enter here
silenThunderr
@PrasannaSelvaraju, Market Structure and Wide Range Candle with Volume
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