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SPIC - Bullish Consolidation with Volumes
SPIC LTD
Long
SPIC - Bullish Consolidation with Volumes
By BrahmaBull31
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Apr 24
4
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Apr 24
NSE: SPIC is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 16% to 26% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
bullishconsolidation
bullishreversal
Candlestick Analysis
nseindia
SPIC
stockmarketindia
Supply and Demand
Support and Resistance
swingreversal
swingtrade
volumes
BrahmaBull31
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