I am Looking this as a Very narrow Correction before Moving forward , one can look to enter in case not in for short term Trend trading
The Price has to drop and reverse , Enter after the Brake of reversal candle high
The stock had a Tenkan Sen/Kijun Sen crossover recently on May 18th.
Chikou span is in open space. With both Tenkan Sen, Kijun Sen, as well as Future Kumu, rising.
It was stuck inside Kumo on weekly chart but had a breakout today closing about 92 pips above the weekly Kumo.
Chikou on the weekly chart is in open space too but may hit the price bars soon if it...
The stock has been confined to a broad trading range in the past few months. The recent price action in the past few days is characterised by bunching of closes in a tight range. This bunching up of price near important resistance level makes me interested in this stock. A breakout with volume spike will make me go long in this stock. Am watching this one with interest.
Manpasand Beverages Ltd:370 (Soft drinks only, not Alcoholic)
Resistance:450 &560 Stop: 358
The numbers looks so transparent. From an 85cr sales in 2012 having a leap to 700cr sales in 2017. The management visionaries is planning to grab a 25 % of an estimated 25000cr market. And the company cop up with its plan well in an orderly manner, opened its 5th unit in...