NITIN SPINNERS LTD 1D NSE LONG

01) Bullish Crab Pattern (Harmonic Pattern)
02) Bullish Engulfing Candle Pattern (13-03-2020)
03) RSI showing Oversold
04) RSI showing bullish divergence on Daily chart
05) Stock bounced from Demand zone / Long term support
06) Stock bounced from channel bottom
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07) Entry - CMP - 33
08) 1st Target - 46-48
09) 2nd Target - 58-60
10) SL - 25
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11) Please check below point -

The Commercial Production on Finished Fabric Division at Bhanwaria Kalan, Tehsil - Begun, Dist. - Chittorgarh, Rajasthan
has commenced w.e.f. 01.01.2O2O, with this all the activities of expansion project related to lntegrated Textile
Unit has been completed.
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Note : This study for educational purpose only.
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Twitter - @bagade_arvind

Comment:

Hello everyone,

Please check this post in detail.
SL hit by only 1 Rs and now price near 2nd Target.

Request everyone to learn Harmonic patterns for best positional trades with good Risk Reward.

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