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ParamjitMahapatro

hindoil explorer looks bullish in medium term

Lång
HINDUSTAN OIL EXPL (NSE:HINDOILEXP)  
ParamjitMahapatro Uppdaterad   
NSE:HINDOILEXP   HINDUSTAN OIL EXPL
Trend Analysis Double Top or Bottom Double Bottom breakout retesting uptrend Bullish Patterns
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trendanalysis doubletoporbottom doublebottom breakout retesting uptrend bullish
double bottom formed after a long downtrend,
price broke the neckline and pattern got confirmed,
and then price retested the broken neck line and reversed

also hidden bullish divergence is seen in weekly.
snapshot

sl - 65 pattern tgt - 108
Handel aktiv:
going good, till now 81.4
Handel aktiv:
moving up as expected till now 98.10
Kommentera:
In weekly, BB is expanding and candles are riding the upper BB with good volume,
snapshot
Handel aktiv:
double bottom pattern tgt of 108 is already achieved here.

snapshot
Kommentera:
round bottom forming here, watch for breakout, once breakout is done and pattern is confirmed much higher levels waiting for us in hindoilexp.

snapshot
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