WHY BULLISH ?
> 110 Neckline on a weekly chart has been broken with a high strength almost marubozu candle.
> RSI divergence also has been broken as seen in the picture.
> Again at the same time as I am writing this - global market sentiment along with national market is bullish.
> 1 is to 2.5 approx. risk reward ratio is achievable in this .
> Still best entry time starts when the retest from the same level is done .
One extra inf . - The stock split in the ratio of 1:10 has awarded 10 shares in the hands of shareholders for each share they owned. Hence, the value of the Tata Steel stock has gone down by 1/10th after the stock split. - 29 JULY , 2022 - It has proven to have positive impact as well.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.
> 110 Neckline on a weekly chart has been broken with a high strength almost marubozu candle.
> RSI divergence also has been broken as seen in the picture.
> Again at the same time as I am writing this - global market sentiment along with national market is bullish.
> 1 is to 2.5 approx. risk reward ratio is achievable in this .
> Still best entry time starts when the retest from the same level is done .
One extra inf . - The stock split in the ratio of 1:10 has awarded 10 shares in the hands of shareholders for each share they owned. Hence, the value of the Tata Steel stock has gone down by 1/10th after the stock split. - 29 JULY , 2022 - It has proven to have positive impact as well.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.