Pennar Industries Ltd. ( potential to break ATH)

2024年7月22日

Sector: Iron & Steel

WTF as we can see MTF & DTF structure bullish and price makes HH & HL pattern and now price in DAILY demand zone with RSI bullish divergence and bollinger band lower band support.
LTF say 1H mitigation in DTF demand zone with RSI bullish divergence and bollinger band lower band support.
on DAILY TF RSI N BOLLINGER BAND also support the IDEA...
counter trendline may react as a resistance once it broke it will b rocket...

if PA breaks its support 162 @ daily closing basis then next accumulation zone 142-120...

price may face resistance at 182 as DAILY supply zone,
so plan your trade accordingly...

Who's gonna trade with me for this trade IDEA let me know.....

2024年7月29日

註釋

ATH tgt 13% achieved....
long term investors remain invested....