Poonawala Fincorp: Triple Bottom formation

10 thg 12, 2022

POONAWALLA is near the supply area.

• A triple bottom formation seen around 300 price level.
  
• In Hollow Candlestick patten a hollow green candle formed after a down swing, indicates price to move up
  
• Well support from volume
  
• RSI is trending upwards.
  

Trade:
Buy: Above 305, SL: 300, T: 309/311/316
Sell: Below 300, SL: 304, T: 296/292