Weekly Bullish Flag Breakout in Poonawalla Fincorp
Hi,
It has given a clear Bullish Flag & Pole breakout on weekly charts with very good volume. MACD is also on the bullish side on daily and monthly time frames and can confirm the positive crossover on weekly time frame once the price closed above 485. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market senario I am expecting that the bullish momentum will continue. Complete price projection mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: This idea is for Edcational purpose. Please consult your financial advisior beforre making any investment decision.
It has given a clear Bullish Flag & Pole breakout on weekly charts with very good volume. MACD is also on the bullish side on daily and monthly time frames and can confirm the positive crossover on weekly time frame once the price closed above 485. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market senario I am expecting that the bullish momentum will continue. Complete price projection mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: This idea is for Edcational purpose. Please consult your financial advisior beforre making any investment decision.
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