Long
BUY 1200 CE
On daily charts-
Support at 1170.CMP 1207. Immediate target is 1235 then 1300.
Volumes increasing in the last 3 days indicating long build up.
RSI > 60. Breakout occured on RSI indicated by trendline.
ADX indicates strong uptrend and Supertrend indicates buy signal.
RS is also strong.
20 EMA line is closing near 50 EMA line from below.
Stock looking good on weekly and monthly charts too.
Support at 1170.CMP 1207. Immediate target is 1235 then 1300.
Volumes increasing in the last 3 days indicating long build up.
RSI > 60. Breakout occured on RSI indicated by trendline.
ADX indicates strong uptrend and Supertrend indicates buy signal.
RS is also strong.
20 EMA line is closing near 50 EMA line from below.
Stock looking good on weekly and monthly charts too.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.