YTLPOWER seen to have formed a nice hammer and let hope today will formed another white candle to proof that it is a nice bullish reversal formed
Observation
1) Trendline - Downtrend Bearish
2) Formed lower low- Bearish
3) MACD -Downtred ( Bearish) and waiting for 4R1G
. 4) RSI - Went up and touching at 30% (Bullish)
5) Sto - Bullish Crossover and ready to break above 20% ( Bullish)
6) ADX - strong momentum and Bearish
7) Candle Stick - Hammer Detected ( Bullish)
8) Volume Distribution - Buying Pressure is high at the last minute ( Bullish)
1) Trendline - Downtrend Bearish
2) Formed lower low- Bearish
3) MACD -Downtred ( Bearish) and waiting for 4R1G
. 4) RSI - Went up and touching at 30% (Bullish)
5) Sto - Bullish Crossover and ready to break above 20% ( Bullish)
6) ADX - strong momentum and Bearish
7) Candle Stick - Hammer Detected ( Bullish)
8) Volume Distribution - Buying Pressure is high at the last minute ( Bullish)
4 Points
4 Points
Conclusion
Winner BULL
Entry Price 2.11
Resistance 2.17 and 2.22
Support 2.05
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
BPURI IF CAN HOLD ABOVE 1.30 WILL likely to retest previous high 1.54. Bpuri currently trading above 200 MOVING AVE..Let see can close above 1.30 or not
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