PVR: Sign of Reversal Long

Description

⋅ Aug 1, 2018 4:32 PM

RSI Increases Whereas Price Flat to Negative.
In Line Chart "DOUBLE BOTTOM" & Closed Above Fib Ext 1.618 of "ABC" @ 1096.70

... levels & some detailed mention in chart.

Comment

⋅ Aug 1, 2018 6:04 PM

Candle Pattern: Harami Bullish, Belt Hold Bullish
Find Some Positive Divergence: RSI, OBV, MACD, CCI, Stoch,
Downtrend line broken - Trend Changed.

Comment

⋅ Aug 5, 2018 8:02 AM

HIT All Swing Levels.

Next Level to Watch @ 1262.40 - 1285.05 (crucial)

Fibonacci Double Top or Bottom

Comments

Atma_Sakshatkar

⋅ Aug 5, 2018 8:03 AM

Bro, isn't a strong sell off like this leads to another leg down. Like recent examples of PNB , Balrampur Chini

DSKF16

⋅ Aug 5, 2018 8:16 AM

@aakashsajwan, Fundamentals are not same.
Notice one thing after giving View made LOW @ 1098 (Mentioned Level in Chart is @ 1096.70).
Volume action Suggests "House Buying".
Technically PSAR at 1062 Level (Crossing Below Price), suggests Flat to Upside movement.

Finally For swing trade 8-10% is enough.