Turning Bullish: Rama Steel
Rama steel has decisively broken the 12 levels.
The same level was tested on first week of August.
There was a strong pullback to previous levels of 10 -11.
However, this level was broken (20 EMA > 50 EMA)confirmed by volume as well.
The volume has been steadily increasing.
However, we need to watch the next few sessions closely to decide the entry point.
The same level was tested on first week of August.
There was a strong pullback to previous levels of 10 -11.
However, this level was broken (20 EMA > 50 EMA)confirmed by volume as well.
The volume has been steadily increasing.
However, we need to watch the next few sessions closely to decide the entry point.
Penafian
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