The scrip has seen strong price action (surge) today with increase in buying volume and about to break resistance (c) level, 52 week high
Ascending channel seen in formation
Declaration of good Q1fy18 result YoY
www.indiainfoline.co...-117073100066_1.html
Ascending channel seen in formation
Declaration of good Q1fy18 result YoY
www.indiainfoline.co...-117073100066_1.html
Yorum:
Planning to short if the scrip takes bearish reversal owning to doji candlestick at targets defined in chart
Conversely, The MACD going above the signal line, which gives a bullish signal and suggests that the price of the asset is likely to experience upward momentum.
If there arent major corrections and the stock gains momentum in ascending channel, Would prefer to enter in range of 172-173 above resistance (C) levels for short target initally