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8346 W formation in development
EXCEL INDUSTRIES LTD
Long
8346 W formation in development
By Wavozen
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Updated
Sep 7, 2023
1
Jun 16, 2023
Reason for long
a) Super trend, QQE, Renko and Rainbow is long
b) volume and price spurt
c) price pattern: w formation
d) monthly breakout and breakout in blue channel area indicating the bullishness
entry level near 945 to 950 with 7% SL and target of 14% and target 1 at 7%.
SL compulsory
Aug 4, 2023
Trade active
Sep 7, 2023
Trade closed: stop reached
Chart Patterns
Wavozen
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