ravimadyshea

ravimadyshea

chart shows the bullish trend and this is because of the performance of the company the last quarter which is more than 15%...

ravimadyshea

sell pnb because lower performance in last quarter...chart also shows the downtrend..

ravimadyshea

>Price taking the support of moving avg >we should wait for breakout conformation from consolidation region >SL-192

ravimadyshea

SPANNING TOP at the top of the trend shows the trend reversal and it is conform by the blending bearish candle which is close below the moving avg after long time and also below the trend line.

ravimadyshea

Consolidation break out and positive trend after that again formation of consolidation region. we should wait for the conformation either upward or down but most probable chances of upward break out....

ravimadyshea

Bollingar band shows that higher volatility and price are riding on the upper band which shows the positive trend.

ravimadyshea

Previously there is upward trend and than consolidation region upward break out shows the positive signal to buy.Buy when prices reaches to 425 with stop loss of 419