Price action pattern: Break-out and sustained from a downward trending line resistance line (From 43 to 35) at 35 with almost flat support line at 32.5. Further after break-out, tested the support turned earlier resistance line and stayed above with considerable volume.
Fundamentals: Results of Q4 2020 and FY 2019-20 is expected on 08 June 2020 (Monday). With...
NSE:PTC With reference to the 26weeks kumo cloud resistance bands, the possibilities have been explored..
But although the pattern is a superprojection, a sharp reversal is seen from the Kumo clouds downwards..
Disclaimer.. not an investment/trading advice....
MACD line crossover and ADX,RSI positive, Stochastic is in mid range from over sold to overbought region. These indicators will help to move up further. Triangle breakout also may done today.
52.5(if close above it may touch 61.83)
From today I'm going to post trade setup named as "B Plan" on Nifty SmallCap stocks & those posts will be tagged as "B Plan" .
I'm really excited that I'm gonna share something very unique with you. A type of trade setup which I held close to My Heart for so long, even now I'm oscillating about should I share this trade setup or not. Bcos, it's...