Long Term Bullish Call on Whirlpool India

٨ أكتوبر ٢٠١٩

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.

٢٧ أكتوبر ٢٠١٩

ملاحظة

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

٣٠ أكتوبر ٢٠١٩

ملاحظة

Exhaustion appears to be setting in.

١ نوفمبر ٢٠١٩

ملاحظة

Renewed bullish activity recorded.

١٧ يناير ٢٠٢٠

ملاحظة

The trend appears to be intact. Hold longs.