yolobitch

yolobitch

After 3 contractions over a period of almost 3 months , price is up above the resistance zone which was also coinciding with the price around 200 MA. EPS has also increased for the past 4 quarters.

yolobitch Updated 

Indian Energy Exchange has come out of a volatility contraction pattern with 3 contractions over the period of almost 9 months. The low volume on bounce back of close to 4% from resistance level on 31 August is implying very less supply and more demand.

yolobitch

Inverse Head and Shoulders with 21 and 10 ema crossovers . Targets: 615 and 624

yolobitch

It has formed an inverse head and shoulder under the 200 day MA and managed to cross the the 200 day MA in a healthy uptrend with above average volumes on up days.