ParamjitMahapatro

federal mogul looks bullish in short to medium term

Pembelian
BSE:FMGOETZE   FEDERAL-MOGUL GOETZE (INDIA) L
It is in long term uptrend.

In daily, it broke out of descending channel with good volume, also price closed above upper bb and bb is expanding and reversing .

In weekly, hidden bullish divergence is seen.
also price has reversed from horizontal support zone.
with sl - 512, tgt - 640.
Trade aktif:
it is trying to retest the breakout level,
Komentar:
Price is approaching the support zone again,
Komentar:
price is consolidating at the support zone, it can consolidate till indefinite period of time, so a lot of patience is required here.
Pernyataan Penyangkalan

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