Stock: NSE:GREENPANEL
Timeframe: 30-60 days
Reasons to Buy:
1. Support at 61.8% Fibonacci Level, for the second time.
2. Support at the bottom of trendline.
3. Monthly and Weekly RSI are above 60, with strong uptrend.
4. Low Risk, High Reward.
Let me know your thoughts!
Is this a good buy? How would you play this?
NSE:VENKEYS
RSI: 60-60-40 (GrandFather-Father-Son).
Daily Chart:
1. Support at trend line
2. Support at 61.8% Fibonacci
3. Support from 50 Day Moving Average
Weekly/Monthly Charts:
1. Break out from Old Resistance, but not very strong.
Let me know your thoughts!
