PRINCEPIPE: Strong Breakout with Rounding Bottom
PRINCEPIPE: Prince Pipes & Fittings Ltd
PC-A = PC-B
Exactly Same
#WondersOfPC
Technicals:
• Strong retracement from lower support of PC-B
• Script is respecting the Parallel Channel levels at every levels
• Last candle's close above 580 is conforming the BO for Midline of PC-B
• Taller green towers in volume indicating support for stronger breakout, and Rounding Bottom
• RSI entered in 60 Zone
• Rounding Bottom Pattern
Levels for positional trade:
Entry levels: Opening above 600, CMP
Target: 1st, 640, then 700
SL: 559, Closure below 559 will invalidate this upside view in short run
PC-A = PC-B
Exactly Same
#WondersOfPC
Technicals:
• Strong retracement from lower support of PC-B
• Script is respecting the Parallel Channel levels at every levels
• Last candle's close above 580 is conforming the BO for Midline of PC-B
• Taller green towers in volume indicating support for stronger breakout, and Rounding Bottom
• RSI entered in 60 Zone
• Rounding Bottom Pattern
Levels for positional trade:
Entry levels: Opening above 600, CMP
Target: 1st, 640, then 700
SL: 559, Closure below 559 will invalidate this upside view in short run