CMP 47
Chart is self explanatory. Price is above all leading MA except 200 DMA.
Breakout is expected soon from a inverted Head and Shoulder Pattern.
MACD is positive too.
Keep an SL at 44
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Chart is self explanatory. Price is above all leading MA except 200 DMA.
Breakout is expected soon from a inverted Head and Shoulder Pattern.
MACD is positive too.
Keep an SL at 44
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
Note
Today's market has crashed because of China Tensions. This situation is beyond technical analysis. I suggest to book losses and prevent yourself from further unpredictability.No doubt good stocks will recover but the time frame isn't certain. Also if you sit with your cash ,you can reenter at lower levels.
Trade closed: target reached
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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.