- Stock's today session was within the previous session, forming an inside candle at previous bottom's support
- Stock has been trading in a up-trending channel,making higher top -higher bottom.
- Stock had taken minor resistance at 23.6% retrace-ment ,of its previous downfall from 188.4 to 125.1.
- Stock is trading above 30 day simple moving average.
- Volume declines when prices rallies down.
- RSI is flattened and turning -up
- Diminished black real body, signalling a strength in stock.
- Stock may test levels of 143, 150.
- In case stock again tested levels of 133, it may then be seen as forming rectangle consolidation.
- Stop level is placed on 133.
Tuesday, April 1, 2014
IDEA CELLULAR LTD is trading above 30 day moving average .[ Higher top- Higher bottom formation ]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment