Sree Rayalseema HHP - bullish
This stock has following attributes after reversal and strong Price action support
1) Price > 50 DMA
2) 50 DMA > 200 DMA
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 2 sessions
Targets as marked per the Fibonacci Retracement and extension clusters - 1450
Ideas and Analysis is a academic exercise and no recommendation to BUY
1) Price > 50 DMA
2) 50 DMA > 200 DMA
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 2 sessions
Targets as marked per the Fibonacci Retracement and extension clusters - 1450
Ideas and Analysis is a academic exercise and no recommendation to BUY
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