DEEPAKFERT trade ideas
DEEPAK FERTILISERS (DAILY) LONG1) Bullish Butterfly Pattern (Harmonic Pattern)
2) Prepairing Higher High Pattern
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3) Stock trading above 20 EMA
4) RSI - Bullish / Positive Divergence on Daily Chart
5) Vortex - Positive on Daily chart
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6) 1st Target - 115-120
7) 2nd Target - 155-160
8) 3rd Target - 205-210
keep an eye! if closes above 144, the it could b a good buy.134 is sl. target 174 in ST.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
DEEPAKFERTDEEPAKFERT may experience some turbulence with 380-370 being a resistance and gap down zone!! One can still ride if entered at lower levels with a stop of 340 for a target of 440-460!! New entrant can enter on dips with 340 as stop or on break abv 380 closing!! Good thing is it has taken support on 100 DEMA and bounced with a strength candle, chances are it will penetrate the resistance easily