WELSPUN INV & COMM LTD
Long

WELSPUN INVESTEMENT

Simple Price Action Analysis.

Travelling in a channel.
Breakout after a consolidation forming a base however there was a rejection from the top as well.

Since the price is above the Ichimoku Cloud, it is safer to enter only when it closes above 458.

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.