Religare - reversed perfectly from trendline support

21 ม.ค.

#RELIGARE Low risk setup

-> Price has retested trendline support
-> Sideways consolidation for the last 10 weeks
-> Good volumes in the last 2 weeks
-> Lower wicks observed in weekly candles indicating demand
-> CCI crossing 100 on daily after 4 months

Stop - 210 or 6.25%