marketmoneymohmaya

POWERINDIA - WEEKLY CHART ANALYSIS

Panjang
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NSE:POWERINDIA   HITACHI ENERGY IND
After a base breakout of 66Weeks it again went into a consolidation of 7 weeks thereafter breaking out.
Still up week volumes are decent and down week volumes are pretty low. |

Disclaimer: Already entered at ~4400 levels and my risk is defined. SL is placed below the swing low. Target as per the trend based fib. 6740. I shall exit based on the price action panning out in future though.

This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Komen:
Updated levels that can be tested in future.
6850 - 7900
Komen:
6850 tested this week.
Komen:
All Targets Tested. (6850 & 7900)
Abhi 10000 ho jaye ?? ;)

Penafian

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