Sel on daily close below 306 sl 321 target 270
Negative divergence is clearly visible. RSI failure below 60 will be confirmation. Price will be below 20 Dema if gives close below 306. Trendline will also be broken.
Disc : it's not an investment advice to buy or sell
Century Ply has formed Parallel Channel pattern and its has formed Flag Pattern.
If Script has Monthly Resistance and which now act as support at 223
The script has strong monthly resistance at 249
If the script goes pass above 237 go for Long.
Entry - Above 237 ( Closes in Daily Chart)
SL - 214
Target - 260
Disclaimer: Kindly do your own analysis before...
Daily Swing Call for Monday 26th of October 2020 // NSE:CENTURYPLY
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade. //
CMP / LTP: 188.15
IDEAL BUYING RANGE*:...