FAUJI FOODS LTDUpdated Bullish
Bullish on All Time Frames.
Strong Bullish Divergence on Weekly TF.
However an Important Resistance is around 15.70 - 16.
If Crossed & Sustained with Good Volumes, we
may witness 18 - 19.
Bearish Divergence on Daily TF may show some
Selling pressure.
In Simple Words: Stock is Good to Hold with Proper
Stoploss (as per your own Risk appetite.)
For Fresh Entry, following ranges can be considered
1. 14 - 14.15
2. 12 - 12.10
Strong Bullish Divergence on Weekly TF.
However an Important Resistance is around 15.70 - 16.
If Crossed & Sustained with Good Volumes, we
may witness 18 - 19.
Bearish Divergence on Daily TF may show some
Selling pressure.
In Simple Words: Stock is Good to Hold with Proper
Stoploss (as per your own Risk appetite.)
For Fresh Entry, following ranges can be considered
1. 14 - 14.15
2. 12 - 12.10
Trade active
Touched exactly 12.16 & reversed :-DTrade closed: target reached
16.15 :-D
MM - House of Technicals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MM - House of Technicals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.