WOCKPHARMA looks like reversing from its support zone
Long close above 429 for 449 and 469
or if it retraces towards 409-405 then long with SL 389 (CBS)
Please follow the Fib levels for more details and levels
looks like good entry for cash-positional
Pharma sector too looks positive
Break Out of Down Trend.
Price Crossed Above EMA.
DI+ Crossed Above DI-.
Can Be Accumulated in Demand Zone.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Price actions are captured by an up sloping PF with multiple touches on LML so one can try a trade on this setup. It is a strong demand Zone also and now coming out of RSI oversold confirming a good possibility of reaching the target.
Entry current Price
Risk/Reward Ratio above 3
Disclaimer : All ideas are my personnel view. Please take...
Ashok Leyland has formed double bottom and showing signs of reversal. It has a reasonable PF catching the price frequencies and is available on the LML offering a good entry. It has formed a double bottom with divergence on MACD which is quite reliable setup. Heiken Ashi has turned to Green also. One can buy the stock with the following details
Entry current Price...