TF - Weekly
Piercing pattern is seen in Weekly TF.
after a continues downtrend, Green candle is seen.
This pattern means, downtrend is finished.
now we can expect uptrend in this script.
2 more reasons which makes it strong,
- Bank Nifty has seen "bullish engulfing" candle. whole banking sector starts journey on upward move.
- fundamentally, lockdown is eased to...
Price is trending below trendlines, bulls are exausted. bears taken control again.
next dip below 6300 USDT.
it is proceeding toward narrow end. expected by end of Year - Nov/Dec it will breach upward trendline and set new high.
accumulate zone is below 6300. even before explosion, you buy below 10000 will also give you x times benefit.
it is Monthly TF.
Momentum is seen in daily TF chart.
by RSI & MACD.
It is very good sign as common indicators shown this momentum.
Surely big going to be happened and it is accumulation zone before explosion.
it is multibagger stock now.
fundamentally when private investors step in, it will going to be once in lifetime opportunity to accumulate in this stock.
Nifty and DJI are look same, fundamental reasons all we know.
After red candle, it has seen with Green tweezers, this is "piercing pattern" .
it means bull are back in to game.
get ready for next up ride.