In weekly, price broke the previous peak with high volume, also price closed above upper BB and BB is expanding,
In daily also price broke out of horizontal resistance with good volume,
fundamental view - healthy growth in profit, positive cash flow, cheaper valuation in comparison to peers, healthy dividend payout,
with an initial sl - 290, one can ride the uptrend here,
In daily also price broke out of horizontal resistance with good volume,
fundamental view - healthy growth in profit, positive cash flow, cheaper valuation in comparison to peers, healthy dividend payout,
with an initial sl - 290, one can ride the uptrend here,
Trade active:
after a retracement, morning star formed at horizontal support.
Also taking support at 20 MA
Also taking support at 20 MA
Trade active:
price bounced from the support level
Trade active:
volatility decreasing and BB is squeezing
Trade active:
till now 365.55, price closed above horizontal resistance with good volume and closed above upper BB
Trade closed manually