CONSOLIDATION ZONE BREAKOUT
• On the weekly chart, the stock has witnessed strong breakout from its “Consolidation Zone” (455-380) on a closing basis
• Rising volumes at breakout zone implies increased participation
• On the long term charts, the stock is trending up forming a series of higher Tops and Bottoms On Closing Basis
• The stock is well placed above its 20,50 and 100 Day SMA which reconfirms upside momentum
• The daily strength indicator RSI is in bullish mode along with positive crossover which supports rising
strength.
• The above analysis indicate an upside of 505-527 levels
• Rising volumes at breakout zone implies increased participation
• On the long term charts, the stock is trending up forming a series of higher Tops and Bottoms On Closing Basis
• The stock is well placed above its 20,50 and 100 Day SMA which reconfirms upside momentum
• The daily strength indicator RSI is in bullish mode along with positive crossover which supports rising
strength.
• The above analysis indicate an upside of 505-527 levels
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.