Can go long on PRICOL LTDBreakout strategy above resistance trend line. Go long on PRICOL LTD above 94.75 for the targets for 99/101
PRICOLLTD trade ideas
BULLISH PATTERN FOR 15% GAINSLevels and Target well mentioned in the chart itself
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
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THANKS
PRICOL looks bullishPRICOL has given a break out from long term downtrend as well as short term consolidation.
Also it cleared 200 EMA on daily timeframe and near term resistance with huge volume.
It might retrace a little bit for good entry opportunities but has 2 major resistance areas at the levels of 44-48.
PRICOLLTD: Investment Idea positionalBuy PRICOLLTD CMP 106 at the levels of 100 or below till 95. Crucial support as well as fibonacci level stands at the levels of 100.
92 shall be maintained as day closing basis Stop Loss.
Positional targets are 112, 120 and 135. Consider it a mid term trade/investment.
pricol longIt has given a breakout out of the sloping trendline with good volumes, RSI is also trending up. Next target 97. SL 81. I am a novice at charting. This chart is only for educational purpose and views and opinions are welcome
