NSE:PENIND
Reason for Trade : Daily / Weekly BO
Cmp : 57.85
Entry : Cmp or near 56
Stop Loss: According to one's Risk Reward ratio
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Stock Name - Pennar Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 52
#This is not Buy and Sell recommendation to any one. This is for...
PENIND is making a reversal bullish pattern with a favorable risk-reward ratio. I am looking upside of 10% in the short term.
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