WHIRLPOOL OF INDIAWhirlpool is making a bullish divergence and after a big beat results stock may rise.
1450-1555-1700-2000
Whirlpoollong
WHIRLPOOLENTRY SL TARGET MARK ON CHART
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Whirlpool of India Ltd strongup trend 1846 1865 1960Whirlpool of India Ltd (WHIR) TARGET 1846 1865 1960
Hi all yesterday whirlpool volume increase with huge price also increase, now it crossed 200EMA ready to go for long in this stock. Open Interest increased 45%.
Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you.
WHIRLPOOLWHIRLPOOL
cmp 1673 abv 1675 can go 1745-1800++
Invalid below 1620
Breakout after consolidation
Whirlpool - Kissing the Weekly supportThe price seems to be rebounding from the weekly support zone but the bearish market structure is still intact. Long positions should be opened only after the change in market structure i.e. after the breach of the previous high. The falling wedge pattern provides one more narrative for the Bullish reversal. The RSi is also curving up, which indicates a potential bullish momentum. But currently, the price is taking resistance from the 50EMA. The long positions should only be opened above 2260.
The targets which I am looking at:
Target 1: 2517
Target 2: 2738
Always use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
