POWERINDIA - WEEKLY CHART ANALYSIS
Updated
After a base breakout of 66Weeks it again went into a consolidation of 7 weeks thereafter breaking out.
Still up week volumes are decent and down week volumes are pretty low. |
Disclaimer: Already entered at ~4400 levels and my risk is defined. SL is placed below the swing low. Target as per the trend based fib. 6740. I shall exit based on the price action panning out in future though.
This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Still up week volumes are decent and down week volumes are pretty low. |
Disclaimer: Already entered at ~4400 levels and my risk is defined. SL is placed below the swing low. Target as per the trend based fib. 6740. I shall exit based on the price action panning out in future though.
This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Note
Updated levels that can be tested in future. 6850 - 7900
Note
6850 tested this week.Note
All Targets Tested. (6850 & 7900)Abhi 10000 ho jaye ?? ;)
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.