Prince Pipes
Price is falling but RSI stabilized from some sessions.
It might become a falling knife too.
Other pipe companies like Astral, Finolex Industries Ltd are not looking weak.
May be we will see a news that some large player completely exited and selling is happening all this while.
I am not trading in this, do not have enough capital to bet. Just sharing so you share your thoughts on this.
I call this one gambling or betting. Keep a strict SL that you are okay to take. 545, 530 are support levels. or better off avoiding.
Price is falling but RSI stabilized from some sessions.
It might become a falling knife too.
Other pipe companies like Astral, Finolex Industries Ltd are not looking weak.
May be we will see a news that some large player completely exited and selling is happening all this while.
I am not trading in this, do not have enough capital to bet. Just sharing so you share your thoughts on this.
I call this one gambling or betting. Keep a strict SL that you are okay to take. 545, 530 are support levels. or better off avoiding.