Investment Idea for Orient Bells
Fundamentally Strong Stock with the Piotroski Score of 7
Tech Analysis:-
Two Type of breakouts
1) Firstly more than four years of breakout from the 18th september 2017 candle
2) A symmetrical triangle formation whose breakout is on 24th Jan 2022 weekly candle
Indicators-DMI+ conformation
RSI 70.30
Price above 20 EMA in all tym frames
Stoploss- 350
Note-Stoploss to be taken on the closing basis
Tech Analysis:-
Two Type of breakouts
1) Firstly more than four years of breakout from the 18th september 2017 candle
2) A symmetrical triangle formation whose breakout is on 24th Jan 2022 weekly candle
Indicators-DMI+ conformation
RSI 70.30
Price above 20 EMA in all tym frames
Stoploss- 350
Note-Stoploss to be taken on the closing basis
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