Balaji Amines Ltd - 18.06.2021
The stock has made a low of 2451.70 during the week
Prices are below ema
There is a Hammer Formation in Daily Chart
There is a Stochastic Bullish Divergence in Daily Chart
Let the high of Hammer (2653) be taken off and prices go above ema (2669), one can initiate a long position with support @ 2565
watch out for the price action
The stock has made a low of 2451.70 during the week
Prices are below ema
There is a Hammer Formation in Daily Chart
There is a Stochastic Bullish Divergence in Daily Chart
Let the high of Hammer (2653) be taken off and prices go above ema (2669), one can initiate a long position with support @ 2565
watch out for the price action