DEEPAK NITRITE - Trying hard to break the channel
Price Analysis & Overview:
1. Price structure is bullish.
2. Buying strength is lacking.
3. Above ATH break good momentum can be expected only if price is able to sustains above 3000 levels.
4. Need more volumes!
5. Earnings are volatile.
- I'm not planning any trade yet.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Price structure is bullish.
2. Buying strength is lacking.
3. Above ATH break good momentum can be expected only if price is able to sustains above 3000 levels.
4. Need more volumes!
5. Earnings are volatile.
- I'm not planning any trade yet.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Nota
Finally, the channel is broken and the prices are testing ATH levels.
The outlook is bullish!
3000 can be a good level to enter and ride the momentum with a small risk. Plan accordingly!
Anubrata Ray
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