Note: This is for educational purpose only.
There seems to be a bullish engulfing
at 21 EMA
which has acted as dynamic support previously as well. Moreover, 21 EMA
is above 55 EMA
which shows short term uptrend. RSI
above 60 shows bullish
momentum. The bullish engulfing
is accompanied by high volume
Target: Until 55 EMA
is broken down.