Eros Intl Media has been on a tear in the past week, exhibiting a strong upward trend with consistent gains. While some pullbacks have occurred, overall bullish momentum seems to be building. The 30-day EMA is trending upwards, confirming the bullish trend and MACD line above the signal line indicates an increasing bullish momentum.
Strongly breakout upside, Buy for short term , target of Rs 70, First Resistance is 35, Second resistance 43, third Resistance 60
EROSMEDIA completed the Gartley Pattern, inside an up_channel.
Inside Trendline breakout on Eros Media and the price is above the alligator. Trade: Buy - 237 Target - 250 Stop loss - 226
Simplest trade setup, Double Bottom & RSI divergence so logically upside.