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Analysis based purely on technical analysis. Change of trend as shown by EMA50. MACD showing weakening strenght of BEARS and raising strenght of BULLS.
This setup is based purely on technical analysis. According to EMA 50 trend has changed. MACD is showing 'Bears' are weakening & 'Bulls' are gaining strenght
Trade explained in chart
Details are mentioned in chart
Looks it has gone into a deep sleep mode. Will have to wait till it breaks, 346. Keep a tab. Upward journey begins only after that.
breakout at 229,can pre-empt because the prevalent trend is so strong!
ultra-long jaao ispe!
target 380 multi-month
new uptrend has started in this stock, daily and weekly charts are positive, when price retraces to the level of 191 to 199 it kbecomes lgood lbuy for the target of 240.
Stock likely to move to 225+ levels.