Long Term Bullish Call on Whirlpool India

8 thg 10, 2019

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.

27 thg 10, 2019

Ghi chú

Expecting consolidation. Dips should be used to add to the long position.

30 thg 10, 2019

Ghi chú

Exhaustion appears to be setting in.

1 thg 11, 2019

Ghi chú

Renewed bullish activity recorded.

17 thg 1, 2020

Ghi chú

The trend appears to be intact. Hold longs.