The Security is trading above the conversion line, and stock closing above the baseline in 30min time frame will be an opportunity to enter long.

The Momentum Indicator MACD, MACD line is trading above the signal line below 0 indicating a positive trend in the security.

A Long Position can be created in the stock if it closes above the Base Line for a Tp of 104-107 with an SL of 101.

There is a high probability the security can witness selling pressure at the 104 level if it is able to close above 104 in 30 min time frame 107 can be breached.

Long If close above the Base Line

Jun 27 2023