Buy Range : CMP or at (price range 760-770)
Targets : 805-830-860
Stoploss : Below 720
Rationale :
Witnessed a breakout from a Falling channel consolidation (Black parallel lines), in previous trading session with sharp surge in volumes.
Oscillator turns positive & heading upwards. 14-RSI is coming out of oversold zone giving break above its own trendline.
Slow stochastic has generated a buy entry
Targets : 805-830-860
Stoploss : Below 720
Rationale :
Witnessed a breakout from a Falling channel consolidation (Black parallel lines), in previous trading session with sharp surge in volumes.
Oscillator turns positive & heading upwards. 14-RSI is coming out of oversold zone giving break above its own trendline.
Slow stochastic has generated a buy entry
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.