#ICICIPRULI closed over 20EMA strong support and formed the Inside Bar and also become NR4 and NR7 candle. watch the Gap UP/DOWN opening tomorrow.
Showing Mix result in Technical Parameter: CCI is treading UP RSI is treading UP Stoch is treading down ATR is decreasing since 7 days. New Long position created ---------------------------------------------------------- Support : 412 and 405 and 400 Breakdown : 417 (OR Gap down opening) LTP : 423.75 Breakout : 430 (OR GAP UP opening) Short Target : 440 and 450 ---------------------------------------------------------- Positive & Negative Point: 1) Bullish in Daily chart. 2) Bullish in Weekly chart 3) Bullish in Monthly Chart ---------------------------------------------------------- (Disclaimer: This is only for educational purpose and paper treading.)
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Breakout and made High 436 but was not able to Hit Target due to bearish market. Then stock made Low above breakdown point and closed near to same level as yesterday.
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