In weekly, price is consolidating above strong support zone, also it is trying to retest the support zone,
in daily hidden bullish divergence is seen
it looks bullish in longer time frame, , so we can see 1400 level here,
with an initial sl - 870, one can ride the uptrend here,
In weekly, price broke the previous peak with high volume, also price closed above upper BB and BB is expanding,
In daily also price broke out of horizontal resistance with good volume,
fundamental view - healthy growth in profit, positive cash flow, cheaper valuation in comparison to...
In weekly, it is in strong uptrend. also it closed above upper BB with high volume and BB is expanding.
In daily, price broke out of previous peak with high volume,
fundamental wise - it is making consistent profit, positive cash flow, valuation moderate, good ROE.
with an initial sl - 54, one can ride the uptrend here.
In daily, price bounced from trend line support with good volume,
regular bullish divergence formed here,
also BB is expanding and candles are riding the upper BB
also in weekly, good probability for round bottom formation
sl - 845, tgt1 -...
Bullish crab formed here in daily time frame. It is satisfying all required criteria -
• B point that is a 0.618 retracement of XA or less.
• Extreme BC projection that is typically a 2.618, 3.14, or 3.618.
• Alternate 1.27 or 1.618 AB=CD pattern required.
• 1.618 XA projection as the defining limit with the structure.
• C point with range between 0.382 and...