DOUBLE BOTTOM BREAKOUT.START OF NEW NEO IMPULSE.GET LONG

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PRICE GAVE DOUBLE BOTTOM IN TODAYS TRADING SESSION @ 2951

TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.

BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL

EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.

LONG @ CMP OF 2964 AND ADD IF PRICE COMES @ 2951
STOP LOSS OF 2730 ON CLOSING BASIS
TARGET 3220.
TIME FRAME-1 MONTH.

DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.

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Double Top or BottomNeo WaveOscillators

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