PG ELECTROPLAST LTD
Long

PGEL - Bullish

459
This stock has following attributes after testing the support at the Price Action line

1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 7 sessions
7) Very strong Northward Price action after breaking out from Price Action

Once the price gets back in the parallel channel the onward
journey will resume

Ideas and Analysis is a academic exercise and no recommendation to BUY

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.