@kapilberera, I am not expert but as much I could understood, There was double bottom 28 Jun but price come down again and it is still negative. There would be an opportunity for long if price sustained over 700.
This is just a perception only. It's not a trading advice.
kapilberera
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@Money_design, thank you . i was not giving negative comment . just was asking for your analysis . thanks
marintexengineers
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reversal come my friend, thank for your brilliant chart
amayakumar2015
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Do you think this can enter the long term bearish channel again since it's breaking all supports and keeps on dipping making new lows everyday?
piyushin2020
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Falling non stop and breaking all supports everyday. The irony is that the fundamentals of the company does not suggest any issues.
nutzzniti
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@piyushin2020, You're absolutely right but we are at Weekly Breakout Confirmation. (Will DM you Chart) and IF this HOLDS we would never see this 600 range again for Decades to Come.
With EV sector booming up and Amaraja setting up Lithium Research plant. they're bound to shift into Lithium sector in 2/3 Years and Could easily Re-capture markets sales with existing Brand Name.
All's well if Only this 650~700 Range holds strongly and Consolidates.