debkrishna2016

debkrishna2016

Allahabad Bank is on a solid uptrend with higher high and higher low and recently it has pulled back near a key moving average ( 20 Sma ) and formed a Doji after a smooth drop . Today price broke out of the doji creating a buying opportunity. So one can buy at 71.70 with a Stop loss at 69.45

debkrishna2016

Century Textile is on an overall uptrend . It made a swing high around 980 level and that swing high is taken out with a strong rally which made that swing high a minor support , Recently price pulls back with a multi bar drop right at that minor support with Bottoming Tail at the end . 20 Sma is also acting as a support . So one can buy above 996 with stop loss at 948