SOMANYCERA

Somany Ceramics
Tide Daily MACD positive Crossover,
& wave is hourly oscillator upticks
Long term Resistance Trendline Breakout
Along with Cup n handle Chart Pattern Breakout.
With Good intensity of Volume.
All EMAS like 5, 13, 26, 50, 100, & 200 are Crossed
Over by PRICE in Both Tide and Wave.
One can go Long with Aggressive Stop-loss of Low of Breakout candle.
But Conservative Stop-loss is Nearest Swing Low.
This conviction is strong enough to build Bullish Bias,
Price action still says Closing above 470 in Daily time frame Will Make my Conviction More Strong.

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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Chart PatternsTechnical IndicatorsNIFTYnifty50niftyindiasomanysomanyceramicsTrend Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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Disclaimer