IBREAL has broken out of a symmetrical triangle pattern with good volumes.
RSI 14 period has broken the trend line and has the highest close in last 14 days.
MACD is above signal line and thus bullish.
The targets for this trade are 200 and 235.
165 on closing basis should be maintained as stop loss for this trade.
NEXT: Nifty Outlook
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss
No comments:
Post a Comment