Double Bottom Breakout - Crossover - ANURAS📊 Script: ANURAS
📊 Sector: Chemicals
📊 Industry: Chemicals
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD and Double Moving Averages are giving crossover .
📈 Right now RSI is around 66.
📈 Script is giving Double Bottom Breakout on daily chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 797
🟢 Target 🎯🏆 - 858
⚠️ Stoploss ☠️🚫 - 767
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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ANURAS
ANURAS :: LONG BuildupANURAS :: LONG Buildup (VCP Pattern or Ascending Traingle)
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-- Last two days good demand wicks are forming with ultra high volume today..
-- Buy near 850-860 with initial S/L - 760
-- Use Super-Trend indicator to trail your S/L
All the signs of VCP pattern seen ::
-- Stock was in a prior uptrend
-- Stock is currently in consolidation (or) non-trending phase
-- Volatility (price waves) is contracting
-- Supply is getting absorbed from weak hands slow & steadily with series of HLs
-- Stock may take off once the previous Supply zone (830 - 850) is taken out..
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Caution : Smallcap stock... Prefer allocating <5% of your capital. And consult your financial advisor to know more about the risks associated with buying / selling shares.
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