Torrent Power MACD crossover

5 日前The price has given a reversal signal from the lower trendline of the channel with MACD Crossover Above Signal Line. Below are some possitive points for a possible bullish move:

=> There is a strong momentum as price is above short, medium and long term moving average(MA).
=> There is a strong growth in QoQ EPS in recent results.
=> Good quarterly growth in the recent results.
=> Growth in Net Profit with increasing Profit Margin (QoQ)
=> Increasing profits every quarter for the past 2 quarters.

Buy between 1763-1800.
Target 1- 1911, Target 2- 1990 and T3- 2090
SL- 1690. Safe traders can exit on Target 2.

Note- This is not a recommendation but only for educational purpose.

昨日

トレード稼働中

Great! Target 1 hit...Now going for target 2.