Orient Electric - Ascending Triangle
Note: This is for educational purpose only.
There seems to be an ascending triangle formation with spike in volume. RSI at 70 indicates bullish momentum. Moreover, the price seems to be taking dynamic support at 50 EMA.
SL: ₹ 296
There seems to be an ascending triangle formation with spike in volume. RSI at 70 indicates bullish momentum. Moreover, the price seems to be taking dynamic support at 50 EMA.
SL: ₹ 296
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