Indieconomic

PNC INFRA - Channel Breakout

做多
Indieconomic 已更新   
NSE:PNCINFRA   PNC INFRATECH LTD
The chart structure is favourable supported by multiple factor.

Pros: a) The healthy correction of 30% - price breakout from channel b) Fib retrenchment c) Moving Average above 21 & 200 d) RSI d) Similar breakout candle from same level

Cons: a) Volume b) wait for 50 & 100 EMA crossover for safe entry

Entry, Stop Loss and Target mentioned in chart.

Thanks
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