Superb structure:
Daily - Change in structure, making HH and HL.
weekly - waiting for a breakout from 200EMA, and respecting trend line.
Volumes were pretty good after excellent quarterly results, with an venture into EV's.
Very good fundamentals, with zero debt.
once price breaches, 16800, there is no stopping it.
any pullback is an opportunity to accumulate.
be patient!
Daily - Change in structure, making HH and HL.
weekly - waiting for a breakout from 200EMA, and respecting trend line.
Volumes were pretty good after excellent quarterly results, with an venture into EV's.
Very good fundamentals, with zero debt.
once price breaches, 16800, there is no stopping it.
any pullback is an opportunity to accumulate.
be patient!
Note
9th June21: made cup and handle pattern.Trade closed: target reached
booked my profits approx. 15% at 16121 INR.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.