Poonawala Fincorp: Triple Bottom formation Long
POONAWALLA FINCORP LTDNSE
Description
⋅ NSE:POONAWALLA is near the supply area.
- A triple bottom formation seen around 300 price level.
- In Hollow Candlestick patten a hollow green candle formed after a down swing, indicates price to move up
- Well support from volume
- RSI is trending upwards.
Trade:
Buy: Above 305, SL: 300, T: 309/311/316
Sell: Below 300, SL: 304, T: 296/292