Long Term Bullish Call on Whirlpool India
Aktualisiert
Whirlpool has remained in an accumulation rectangle zone for almost a year preceeded by over 2 years of bull run. The scrip has seen some supply that was absorbed and has been followed by a relatively higher volume breakout on the weekly charts. There appears to be strength in the uptrend.
Longs may be initiated on dips (closer to EMA 9 on the weekly charts).
Stop Loss should be maintained at 1655.
Longs may be initiated on dips (closer to EMA 9 on the weekly charts).
Stop Loss should be maintained at 1655.
Anmerkung
Expecting consolidation. Dips should be used to add to the long position.Anmerkung
Exhaustion appears to be setting in.Anmerkung
Renewed bullish activity recorded.Anmerkung
The trend appears to be intact. Hold longs.
Haftungsausschluss
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