Profit_charts
200sma break with good volume green candle. which is indicative of trend pattern reversal. trend based fibonacci retracement shows price targets as depicted in charts
looks good above 81.5 on closing basis for positional target of 7-9 percent
looks good above 440 on closing basis. only problem is volume rise is no so much ..let us see
RSI convergence with channel movement
movement is expected above 170 on closing basis. only hurdle left is volume. if there is volume spurt then around8-10 percent positional move is expected
VOLUME breakout bounce back from 200 dma with green candle rsi convergence horizontal support resistance trendline breakout looks good for long term if it stays above 200 dma. stoploss= candle closes below 200 dma
downward or somewhat neutral trend. breach of 50 MA which indicates negative trend. downtrend and RSi convergence. volume consolidation.
VINYL CHEMICALS AT VERGE OF BREAK OUT ON CLOASING BASIS OF ABOVE 157 WITH POSITIONAL TARGET OF 7% TO 8% IN COMING FEW DAYS