Positional or Longterm Opportunity in Balaji Amines

Telah dikemas kini
Go Long @ 2448.1 for Targets of 2686.05, 3160.5, and 3551 with SL 2284.45

Reasons to go Long :

1. On weekly timeframe stock gave Trendline breakout (marked with red color).

2. If we draw Fibonacci retracement from the recent swing low to the swing high then the stock took support from the 0.618 Fibonacci level.

3. In addition to this, the stock formed a Bullish Engulfing pattern around 0.618 Fibonacci level.
Pesanan dibatalkan
SL Hit before triggering our Buy price.
Candlestick AnalysisFibonacciTrend Lines

Penafian