This stock has a Market cap of just 159 cr.
I just happened to see the stock with a HUGE volume bar.
I drew the line from the top connecting the resistances and found it to be a BREAKOUT.
Then, I spotted another squeeze and connected the supports and resistances after which I spotted the same pattern on the RSI as well.
Next I plotted the 50 & 20 DMA and found it to be just above the breakout area of the squeeze.
The MACD also is on the verge of a crossover.
Lets observe and see if this stock turns Explosive or not ? If yes, Analysis is working great and we will spot more explosive stocks this way. If not , we will learn what went wrong.
I just happened to see the stock with a HUGE volume bar.
I drew the line from the top connecting the resistances and found it to be a BREAKOUT.
Then, I spotted another squeeze and connected the supports and resistances after which I spotted the same pattern on the RSI as well.
Next I plotted the 50 & 20 DMA and found it to be just above the breakout area of the squeeze.
The MACD also is on the verge of a crossover.
Lets observe and see if this stock turns Explosive or not ? If yes, Analysis is working great and we will spot more explosive stocks this way. If not , we will learn what went wrong.
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.