IDEA trade ideas
Why GooseBumps Bullish ??? 1. In 1 day chart stock is above 200Why GooseBumps Bullish ???
1. In 1 day chart stock is above 200 Moving Average.
2. Stock has broken its bigger triangle Pattern.
3. In Its small recent triangle Pattern, stock is in over bought zone in RSI.
4. If in small recent triangle its breakout than its confirm the reversal.
IDEA ANALYSIS
once a big giant now a small price large cap stock with very popularity and high debt.
it gives nice downtrend due to their problems of tax and competition from jio and airtel.
now volume is increased and also company gets support from government.
one can make entry above 14 closing base levels, for the target of 30 60 100 200 in next 10 years.
now is the time for to make investment is some penny good stock because if you put 1 lakh each in 10 stocks which are fundamentally strong and penny stocks the 4 of are become multibagger and recover your 6 companies and gives far more better returns.