WHIRLPOOL OF INDIA HAS A KUMO TWIST.
THE CLOUD IS BEARISH AND THE PRICE HAD MOVED UPTO 1507 AND ENCOUNTERED A RESISTANCE.
AS PER THE THEORY, THE PRICE IS EXPECTED TO REVERSE AND REACH THE 1400 LEVEL.
THE VOLUME CHART SHOWS LOW VOLUME AT THE HIGH PRICES.
THIS IS DONE FOR STUDY PURPOSE!
WHIRLPOOL is showing a breakout in weekly charts.
The short term & medium term trend seem to align.
Expectations of Festive season liftup should push this stock upwards/
Since the stock has high intraday volatility, stops should be initially a little lower at 1168.
Later on we can tighten our stops according to our positions.
Go Long for targets of 1351 &...