ParamjitMahapatro

shalimar paints looks bullish in emdium term.

Long
NSE:SHALPAINTS   SHALIMAR PAINTS
Its long term trend is up.

In weekly, price bounced from the horizontal support.

price reversed from the 61.8% retracement level.
sl - below horizontal support - 180, tgt - 310.
Trade active: big move on fri, closed at 224.60
Trade active: price closed above upper BB with good volume and BB is expanding. sign of bullishness
Trade active: till now 235.95

Comments

Good Analysis
+1 Reply
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