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CannySunny

WELSPUN CORP-Crude Oil Rise Beneficiary

Long
WELSPUN CORP LTD (NSE:WELCORP)  
CannySunny  
NSE:WELCORP   WELSPUN CORP LTD
Trend Analysis Chart Patterns Technical Indicators welspun welspuncorp Technical Analysis lowrisk
18
11
trendanalysis chartpattern indicator welspun welspuncorp technicalanalysis lowrisk
Riding the Parallel Channel , it is close to the bottom of the channel where a reversal is expected.
Support of 50 MA just under it.

Expected : MACD crossover and RSI breakout and Price breakout.

Apart from this Crude oil chart is expected to give a massive breakout.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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