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POONAWALLA reversed from a strong demand zone
POONAWALLA FINCORP LTD
Long
POONAWALLA reversed from a strong demand zone
By pratikrathor777
Follow
Follow
Aug 20
4
Cheer
Cheer
Aug 20
Approx. 340-355 is a strong demand zone and from there the price took a reversal. Also MACD has given a positive crossover.
T1- 450, T2- 500 and T3- 568. Sl- 340 and trail as price goes up.
Safe traders can book profit on hitting T1 or T2 as per your risk appetite. Risk takers can go till T3 at max.
Note:- This is only for educational purpose and not a recommendation.
Chart Patterns
Demand Zone
Technical Indicators
macdcrossover
POONAWALLA
reversal
Trend Analysis
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