Note: This is for educational purpose only.
There seems to be a bullish engulfing with high volume at support of the channel. A bullish breakout is seen on RSI as well. RSI is 54 which is not yet in bullish zone. RSI is in neutral zone.
I hope you can now see how CENTRALBK CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price analysis you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour..
Thanks for reading ,Good...
LONG ON CENTRAL BANK
WEEKLY CHARTS EXPECTING 100++ WITHIN 2 -3 MONTHS
ONLY FOR EDUCATIONAL PURPOSE
FALLING WEDGE TAKES TIME FOR UPMOVE
AFTER A RALLY STOCK WILL CONSOLIDATE AND THEN I WILL MOVE UP
Buy for Long Term: 07 May 2017 CMP 111
This stock has been followed by Higher high and Higher low pattern.
Range bound 45-120, on this level more interested to accumulate for long term.
Once breakout 125, it will develop high on high with sharp up move.
(Required Market Up move, try to buy on every dips 60-75-95-110-140)
Resistance 260-380-590-760
Support Life...
