Observations:-
This stock nicely follow
-> 20-200 EMA Cross over multi-bagger medium-term pattern (Signal MEB in the chart)
->5-8-13 EMA Cross over for the short term (Signal 3EB in the chart)
-> 20 EMA works as support resistance for this stock
The indicator is available for testing -
5-8-13 & 20-200 EMA Cross Over
Currently buy reasons
1) Stock closed above 20 EMA
2) 5-8-13 EMA Cross over
3) Falling Wedge broke with rasing RSI
Futures data:-
OI Decreasing Price Increasing - Shor Covering rally- Bearish out of this, bulls need to come
Nov 6th Result is there I guess stock is preparing for that
This stock nicely follow
-> 20-200 EMA Cross over multi-bagger medium-term pattern (Signal MEB in the chart)
->5-8-13 EMA Cross over for the short term (Signal 3EB in the chart)
-> 20 EMA works as support resistance for this stock
The indicator is available for testing -
5-8-13 & 20-200 EMA Cross Over
Currently buy reasons
1) Stock closed above 20 EMA
2) 5-8-13 EMA Cross over
3) Falling Wedge broke with rasing RSI
Futures data:-
OI Decreasing Price Increasing - Shor Covering rally- Bearish out of this, bulls need to come
Nov 6th Result is there I guess stock is preparing for that
