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Going through a accumulation phase after a recent up move. Strong weekly resistance at 90 levels. Has FIb retraced 61.8% from lows.
Oscillators, moving averages are all positive across all timeframes.
Charts are for personal trading purpose.
Oscillators, moving averages are all positive across all timeframes.
Charts are for personal trading purpose.
Trade active
Trade active:
Entered at 82
Trade closed manually:
Exited for now and will take a entry around 85 or lower than 80. Slow moving stock. Just booked a nominal profit
Comment:
if it holds above 85 in the first one hour today, will buy into the counter.
Comment:
Entered at 88 ( its near its long term resistance level of 90 )
Comments
@aravindnc, it moved a couple of bucks up. My entry would be at 82 and target would be 88 for the first one.
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@Srivis125, Thanks. I've entered at 83.75 couple of days back. Since then it didn't give any good move except today.
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@aravindnc, its given a bullish reversal candle today on daily charts. hoping it will sustain that for the next couple of sessions. the weekly resistance is 88
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