Religarebuy
RELIGARE LONG IDEARELIGARE stock looks setting up nicely as shown in chart.
It's results are around May30, so its better to size positions by considering results in mind.
For now its just a swing trade as there is Monthly Trendline Resistance ahead.
Check the MONTHLY chart analysis also in my page for Long Term View.
RELIGARE - Ichimoku Bullish Breakout Stock Name - Religare Enterprises 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 186.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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