Amatuer_Sanjay

Definite Buy (Daily chart Analysis)

Long
NSE:PREMEXPLN   PREMIER EXPLOSIVES
REASONS FOR BUYING THIS STOCK ON 28TH jUNE 2021.
1) MACD line crossing over signal line
2) Last day trading volume is very high with big bullilsh candle and so big bullish momentum built
3) RSI indicator ramped up and crossed 60
4) Morning star pattern formed at bottom of down move in bearish trend . So trend reversal indication.
5) Just a month ago a new big order from iSRAIL is acquired by company and new CFO is appointed and hence have big promise.
6) Fibonacci entrancement shows last day candle breaking a resistance.
7) Watch the blue line showing resistance. Its not reached yet and hence share is surely gonna go up.

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