According to my analysis, I see a good buy in WOCKPHARMA @482-484 in this bullish market.
Reasons:
1. Supertrend* generated a buy signal.
2. Average Directional Index is above 20** and is rising.
3. Close to 200 ema, Bounce Back Expected.
4. Near PIVOT R2, May act as support now.
Time frame: 1day, Strategy Type: Swing Trade
*Supertrend settings= 14/3
**ADX above...
According to my analysis, I see a good buy in NMDC @153-154 in this bullish market.
Reasons:
1. Supertrend {14/3} generated a buy signal.
2. Average Directional Index is above 20* and is rising.
3. Above 200 ema & close to 50 ema**
4. 9 and 26 ema crossing.
Time frame: 1day, Strategy Type: Swing Trade
*ADX above 20 generally suggests that stock is not in...