Candle Pattern: Harami Cross Bullish.
Volume: More than 3X 20d avgerage.
Observed Divergence in some of the technical indicators & oscillators. ( RSI , MFI, OBV, W%R etc.)
Potentially Strong Above @ 418 - @ 420Treat as Swing Trade Hurdle level.
Once closed above @ 420 with Volume Strong UP move.
Witnessing Strong Volume in Last trading session.
upside targets if markup is initiated..
1.from point and figure chart..
2.using fibonacci extensions for the cycle wave 3 .. the 161.8% and 175% should be a conservative estimate for the markup bull run
not an investing/trading recommendation
AFTER BREAK TARGET (110 + Price at Break Point)
* It Must close above 530 for upper break and below 559 for lower break other wise above target remains invalid.
Disclaimer: Not invested, Not an investing/trading recommendation, do your own analysis before taking investment decision.
Disclaimer.. not invested, researching fundamentals at present, will definitely make entry if satisfied with the business
Not an investing/trading recommendation, do your own analysis before taking investment decision or seek professional help.
Market failed to break down and auctioned higher. Bounce from 440 area shows keen interest from higher time frames to auction the price higher. Buy area is shown as a green rectangle box. The initial stop is at previous low 487. Looking to book half position around 558 - 568 level and hold the rest with trailing stop loss.