SHRIHARII

CGPOWER - 4 Months Consolidation Breakout

Lång
SHRIHARII Uppdaterad   
NSE:CGPOWER   CG POWER AND INDUS
CG Power & Industrial Solutions Ltd

1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (November, 2023). Now It has given a Consolidation breakout & Closed above it's (November, 2023) High with good bullish momentum candle & with good volume in Weekly Time Frame.
3) The stock may find It's next resistance around the (price 620) in short term.
5) Recommendation - Since the market is quite weak Consider Buying it with tight Stop Loss.
Kommentera:
As mentioned previously, The given target of 620 - (15.65%) from the given price (535.95) is achieved.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.