ICICIPRULI - Inside Bar - NR4 & NR7 - Next level and support
Updated
#ICICIPRULI closed over 20EMA strong support and formed the Inside Bar and also become NR4 and NR7 candle. watch the Gap UP/DOWN opening tomorrow.
Showing Mix result in Technical Parameter:
CCI is treading UP
RSI is treading UP
Stoch is treading down
ATR is decreasing since 7 days.
New Long position created
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Support : 412 and 405 and 400
Breakdown : 417 (OR Gap down opening)
LTP : 423.75
Breakout : 430 (OR GAP UP opening)
Short Target : 440 and 450
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Positive & Negative Point:
1) Bullish in Daily chart.
2) Bullish in Weekly chart
3) Bullish in Monthly Chart
----------------------------------------------------------
(Disclaimer: This is only for educational purpose and paper treading.)
Showing Mix result in Technical Parameter:
CCI is treading UP
RSI is treading UP
Stoch is treading down
ATR is decreasing since 7 days.
New Long position created
----------------------------------------------------------
Support : 412 and 405 and 400
Breakdown : 417 (OR Gap down opening)
LTP : 423.75
Breakout : 430 (OR GAP UP opening)
Short Target : 440 and 450
----------------------------------------------------------
Positive & Negative Point:
1) Bullish in Daily chart.
2) Bullish in Weekly chart
3) Bullish in Monthly Chart
----------------------------------------------------------
(Disclaimer: This is only for educational purpose and paper treading.)
Trade active
Breakout and made High 436 but was not able to Hit Target due to bearish market. Then stock made Low above breakdown point and closed near to same level as yesterday.Follow the same level for tomorrow 15th July 2020
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