IVP Ltd
Long
업데이트됨

IVP LTD - A BREAKOUT TRADE

404
HELLO FRIENDS
Here I am sharing chart of IVP LTD which recently have given breakout with good intensity of volume and the scenario that confirms the upside move are shown in below charts.

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Macd in DAILY TIME FRAME on breakout candle is positive uptick.

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confirming with double time frame, MACD in weekly time frame is also positive uptick

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RSI in daily time frame is positive uptick and the measure is above 50 which confirms bullish moment

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RSI in weekly time frame is positive uptick and the measure is above 50 which confirms bullish moment.

Summary- the stock have given breakout of downward trendline and is ready to move upside.

Disclaimer
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and losses.
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