Midhani is in a strong uptrend on the daily time frame, consistently forming higher highs and higher lows. On the lower time frame, the stock had cooled off but has now resumed its upward move, breaking out of a falling trendline on strong volumes. The current setup offers a risk of around 6 per cent, with potential upside targets of 12–15 per cent.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.