POSSIBLE UPMOVE CAN BE SEEN IF TOMORROW MARKET SUSTAIN IN POSITIVE THIS IDEA IS FOR POSIONAL TRADER
indicator suggest bullish move just need to close and sustain above trend line
Swing Trade HUHTAMAKI Buy: 290; SL: 277; T: 320; -Mohit Rajani
Please see the chart. Stop loss at 266.
After a false brekout at major trend line, stock has fallen bellow the trend line and trading near a multiple supports moving averages, trend line and the candle stick shows the rejection from lower levels. stock can be accumulated with the stop loss of 290 with a target of around 340 or more
Weekly close above 325, will take this MNC stock to ATH. Today only it gave almost 7% move. Specialised in paper/packaging solutions, this is the company whose value needs to be discovered by the market.
Watch out for upper trend line breakout in coming days. After that it may touch All time highs.