A bull counter attack is when the bears push the price below a support price or a trendline and then the bulls fiercely counter by pushing the price back up. Typically, the open and low price in such cases is same, i.e. Bulls attack right from the start of the day to ensure price doesn't go below the support.
One can go long in this counter, with
SL below the low...
Godrej Consumers has given a long awaited breakout above a 14 month long trendline. It went sideways for around 8 weeks before closing above the trendline on weekly basis.
The BB is challenged and RSI has closed at 60, both are bullish signs. The consumer sector has underperformed in last 3 months and Godrej has been on of the best performers in this sector in...
