1. Stock is forming a symmetrical triangle pattern. The Symmetrical triangle is usually a continuation pattern. it represents a pause in the existing trend after which the original trend is resumed.
2. Volume states that the greater the volume, the greater the force behind the. last 10 days volume is increasing, and the delivery percentage is average <50%, which suggests that investors are taking an interest.
3. Stock is trading near a strong support zone and having a 200DEMA support as well.
4. Stock witnessed short-covering, A decrease in open interest, along with an increase in price, mostly indicates a short-covering.
Thank you.
Happy Trading !!!
2. Volume states that the greater the volume, the greater the force behind the. last 10 days volume is increasing, and the delivery percentage is average <50%, which suggests that investors are taking an interest.
3. Stock is trading near a strong support zone and having a 200DEMA support as well.
4. Stock witnessed short-covering, A decrease in open interest, along with an increase in price, mostly indicates a short-covering.
Thank you.
Happy Trading !!!
Operación cerrada: objetivo alcanzado
Up side target achieved.Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.