Wavozen

10833 Consolidation breakout

Long
Wavozen Updated   
NSE:RUPA   RUPA & CO LTD
Reason for long
  1. Powered by vwap breakout.
  2. Strengthened by 4 day breakout.
  3. It does not Intensified by three month breakout. Hence SL compulsory. Its early entry.
  4. Not Energized by Positive previous Quarterly result. Its a standard earnings
  5. Punched by QQE breakout.(Breakout cooldown mode)
  6. Facilitated by Volume burst.(strength is moderate)
  7. Armed by breakout non over-lapping candle.(Yes)
  8. Catalyzed by breakout candle having Open=Low candles (OL candles)
  9. Patronized by Head and Shoulder Set up
Trade closed: stop reached

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