Cnergy (Analysis).(Long)
Technical Analysis: CNERGY (Ticker: CNGY)
Pattern Analysis: CNERGY shows a bullish falling wedge pattern, hinting at a potential reversal.
RSI Analysis: RSI (30-70 range) supports bullish momentum without divergence.
Trade Tip: Consider going long above the neckline at ₹4.61 with a stop-loss at ₹4.27.
Target: A double bottom pattern suggests a target of ₹5.50.
Summary: Bullish outlook with a breakout potential. Entry at ₹4.61, target at RS 5.50. 📈🚀
Disclaimer: Not financial advice; do your own research.
Pattern Analysis: CNERGY shows a bullish falling wedge pattern, hinting at a potential reversal.
RSI Analysis: RSI (30-70 range) supports bullish momentum without divergence.
Trade Tip: Consider going long above the neckline at ₹4.61 with a stop-loss at ₹4.27.
Target: A double bottom pattern suggests a target of ₹5.50.
Summary: Bullish outlook with a breakout potential. Entry at ₹4.61, target at RS 5.50. 📈🚀
Disclaimer: Not financial advice; do your own research.
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