Surana has formed a Triangle formation which it Broke-Out last week confirming a bullish momentum. Short-term EMAs are in a PCO state. Today the stock opened Gap-up and formed a strong bullish candle (16.86%) with huge volume. A Golden Cross-over in both EMAs and DMAs may form in the coming days, which is a bullish signal, confirming the momentum.
On upside the stock may reach 37 levels if the momentum continues. If the stock is unable to sustain momentum, then we may see the levels of 17 on the downside.
Price-action is what we need to keep monitoring!!
On upside the stock may reach 37 levels if the momentum continues. If the stock is unable to sustain momentum, then we may see the levels of 17 on the downside.
Price-action is what we need to keep monitoring!!
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.