When there is bull rally, anything and everything doubles. But it is always important to participate at the right time.
How to identify that it is the right time?
1. Stock has stopped making lower lows. 2. There is a base formation for a significant period of time. 3. Volume development at the lower levels. 4. Big candles breakout
This is one of those cases and I am happy to share with you. Share your thoughts if you wish to exchange.
Add 10 and 20 ema on it and see there is also a crossover.
NandanChaturvediTrade
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@kehalpola77 Yes, adding more studies will help in building conviction..
ShivamBabu
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really very nice analysis
Kapil-Mittal
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You've made some valid points about identifying the right time to participate in a bull rally. I completely agree that timing is crucial when it comes to investing in the stock market.
NandanChaturvediTrade
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@Kapil-Mittal thanks for the vote. Hope it helps someone
Very good analysis. Thank you for sharing.
Regards,
Vanathi