DR_AZYGOS

A trend-line and resistance breakout

DR_AZYGOS Mis à jour   
NSE:HAPPSTMNDS   HAPPIEST MINDS TECHNO LTD
HAPPSTMNDS
HappiestMinds had been consolidating for a long time now.
Today it gave a breakout from my white bearish trend-line and from 1475 level, which acted as a long term resistance.
took support at pink bullish trend-line.
If it breaks that we have an immediate resistance (R1) at 1530, following which we can expect further up move to an all time high.
So the scrip looks good for a short-term Long position.
good luck.
Transaction en cours:
has broken out of the pink "bullish" trend-line, and as expected 1530 (R1) acted as a very strong resistance.
we can expect the pink "bullish" trend-line to act as a support for further up-move.
Commentaire:
MACD cross over can be expected if one more bullish day candle happens
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.