Prataap snacks Ltd - MACD Crossover

πŸ“Š Script: DIAMONDYD (PRATAAP SNACKS LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY FMCG
πŸ“Š Sector: Fast Moving Consumer Goods
πŸ“Š Industry: Packaged Foods

DAILY TIMEFRAME
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Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Double Moving Averages also giving crossover.
πŸ“ˆ Script is moving towards its resistance level which is 908.
πŸ“ˆ Current RSI is around 76.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 869
🟒 Target πŸŽ―πŸ† - 908 , 1000
⚠️ Stoploss ☠️🚫 - 799

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
Chart PatternsFMCGhead_and_shoulderTechnical IndicatorsmacdivergenceNIFTYniftyfmcgprataapsnackstrendanalyseTrend Analysis

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