GO-LONG~EMA~KAMA~SUPPORT

Nov 9, 2018

I have used EMA and KAMA lines here.
By using EMA line, I can get the better idea about price movement rather than using SMA && by using KAMA line I can avoid noise.
here in this chart time frame is of 60 min, EMA(20) & KAMA(14,5,30).
You can see here, whenever the EMA line crosses the KAMA line the trend changes.
My recommendations here is to go long in SUN PHARMA.
1. it has already corrected about 120 rs.(from 680 to 560).
2. in daily time frame there is a strong support level around 560.
3. the EMA line just crossed the KAMA line.
Have a long position and enjoy the profit.
thank You!

Nov 9, 2018

Note

first target will be 614.

Nov 15, 2018

Note

i learned one thing....dont do trades when results will come in near future.
sometimes it can change the trend ...