ENTRY SL TARGET MARK ON CHART
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Whirlpool 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.
The 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...