Welspun Living CMP@165.45.Chart Setup Looks Bullish.
Stock In Secular Uptrend Making Higher Top Higher Bottom on Weekly Timeframe
After Making a High@212.95 Stock Has Retrace Towards Fibonacci Key Retracement level of 61.8%@155.50 (Weekly Low)
On weeklyTimeframe Stock Has Made a Spinning Bottom Candlestick which can be a potential Reversal Candidate
This Long Setup will fail if Stock Closes Below 150 on weekly closing Basis.
Disclaimer:-This is just a technical observation for educational Purpose.Not a Buy or Sell Recommendation .Pls. Consult Ur SEBI Registered Advisor for Any Buy or Sell Decision.
Stock In Secular Uptrend Making Higher Top Higher Bottom on Weekly Timeframe
After Making a High@212.95 Stock Has Retrace Towards Fibonacci Key Retracement level of 61.8%@155.50 (Weekly Low)
On weeklyTimeframe Stock Has Made a Spinning Bottom Candlestick which can be a potential Reversal Candidate
This Long Setup will fail if Stock Closes Below 150 on weekly closing Basis.
Disclaimer:-This is just a technical observation for educational Purpose.Not a Buy or Sell Recommendation .Pls. Consult Ur SEBI Registered Advisor for Any Buy or Sell Decision.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.