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.
Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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