Parag milk food fulfills the trading criterion of Sir Stan Weinstein framework 1. Above 30 wma 2. RS increasing 3. No overhead resistance on left side
Nice consolidation near 30wekly moving avg, along with one green wide range candle. Also volume extra ordinary high. Must be a good performer in coming week. This is not recommendation. Only for educational.
After long consolidation, it gives Good BO along with retest of supply
Positional trade along with best RR in recent times. Support at 30 weekly moving average. RS increasing. Cup and handle on weekly chart along with confirmation.