Deep Industries Limited
Long
Aggiornato

Box breakout with MACD signal

251
The overall trend is positive as the stock is clearly taking support at the 50 SMA and is above 200 SMA. The Breakout (out of the box) needs to sustain, and the stop loss is affordable. Probability seems good that the trend could continue. Time Frame = Daily
However, this is stock market and anything can happen. Always be ready to take a small loss and exit the trade if it goes against you.
Trade chiuso: obiettivo raggiunto
Positive action combined with positive thinking results in success

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