Logic behind analysis:
1) CNX pharma reaches a trendline support and started bullish movement
2) +DI in Directional movement index shows a trend change in CNX pharma
3) Apollo hospital RSI was in oversold area and moved yesterday to buy area.
4) Like in the chart apollo hospital is on good trendline support.
5) Gaining volume for the last two days
6) HA ashi daily chart shows Low = Open
TGT - 4765
SL - 3935
Dated 27/10/2021 wednesday
* For Educational purpose
Trade chiuso: obiettivo raggiunto