Scrip has started to take bullish reversal with MACD showing the way and been consolidating around certain price levels of 240-270 since past 2 months. Yet would require more confirmation to enter at price range as defined, if the scrip doesn't consolidate within certain price range and surges with good trading volume, One might aim for stipulated TPs as also seen in
(Although price levels will differ)
Bullish momentum sign
1) MACD - The short-term average is going above the long-term average, which signals upward momentum
2) %william - Consolidation between "overbought" situation as marked in needed to gain momentum
3) One can trust with TAMO seeing it a good opportunity to invest in "Value" company at "rock bottom" price
Support - (SL) 243 or as per risk appetite
TP aiming towards 380+
Sorry, Had been away from posting ideas due to some adverse situations happening
Bullish momentum sign
1) MACD - The short-term average is going above the long-term average, which signals upward momentum
2) %william - Consolidation between "overbought" situation as marked in needed to gain momentum
3) One can trust with TAMO seeing it a good opportunity to invest in "Value" company at "rock bottom" price
Support - (SL) 243 or as per risk appetite
TP aiming towards 380+
Sorry, Had been away from posting ideas due to some adverse situations happening
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MACD showing upward momentum signal :)
When the MACD is going above zero, the short-term average is above the long-term average, which signals upward momentum
When the MACD is going above zero, the short-term average is above the long-term average, which signals upward momentum
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*the last pattern had been morning star