For an upside potential target of Rs1000, this can be a good pick. Let's look at the important factors:
Pros:
1. Big green size weekly candle with a rejection at the bottom.
2. Expansion of the price volatility from the narrow range moving averages area.
3. Volume: Spurge in volume. Breakout week's volume is greater than 2x of average volumes
4. Strong movement in the small-cap and midcap indices.
Cons:
1. All time high of the stock could be a small friction zone.
Disclaimer: Kindly note that this is not a recommendation but only a study for educational purpose. Consult your financial advisor before investing.
Pros:
1. Big green size weekly candle with a rejection at the bottom.
2. Expansion of the price volatility from the narrow range moving averages area.
3. Volume: Spurge in volume. Breakout week's volume is greater than 2x of average volumes
4. Strong movement in the small-cap and midcap indices.
Cons:
1. All time high of the stock could be a small friction zone.
Disclaimer: Kindly note that this is not a recommendation but only a study for educational purpose. Consult your financial advisor before investing.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.