bullish trend of Shyam metallic
Key points to be noted :
*As in dailly chart it is supposed to make a cup and handle pattern which indicates a bullish sign
*MACD crossover is at very crucial points,might intersect and go upward
*RSI is at approx 53 points which shows a strong buy oppurtunities
*Last but not least, the overall scenario shows for an uptrend untill and unless these is some bad news for the stock.
Conclusion : It is the ideal time to accumulate shares for a swing trading and make profit
Thanks and regards !!
*As in dailly chart it is supposed to make a cup and handle pattern which indicates a bullish sign
*MACD crossover is at very crucial points,might intersect and go upward
*RSI is at approx 53 points which shows a strong buy oppurtunities
*Last but not least, the overall scenario shows for an uptrend untill and unless these is some bad news for the stock.
Conclusion : It is the ideal time to accumulate shares for a swing trading and make profit
Thanks and regards !!
Penafian
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