1. Trend: Bullish 2. 6 months consolidation 3. Price taking support from fin 0.61% levels with double bottom formation 4. RR: 1:5.6+
1. Trend Bullish 2. Price trading at support level after a false breakout 3. High chances price close in green for this week and entry can be high rewarding
1. Trend: Accumulation phase 2. Reversal from support 3. Strength is good at support with 14%+ bounce 4. RR 1:6+
1. We can see a sharp reversal in last 2 candles, speculated to go Bullish (at-least short-term) 2. Bulls are being supported by 1SD Bollinger Bands, you can see how the prices breached 1SD BB, this will eventually go back to the mean, it is possible only by moving in upward direction. 3. Second confirmation is Harmonic Patter, it is a solid Bullish Harmonic. 4....
IFCI Found a strong support @ 23,1 . RSI value is 35 indicating oversold. Long Position @ Current Level Target @ 25.95 SL @ 21.1