The stock has not been performing very well for about last 80-85 trading sessions. After a very long time, the stock has given a clear breakout from its trendline with relatively higher volumes and is not expected to show uprise.
The macd is also indicating a reversal.
Levels mentioned in the chart.
This analysis is done by me and could go wrong due to various reasons. Please do your own analysis before investing/trading.
The macd is also indicating a reversal.
Levels mentioned in the chart.
This analysis is done by me and could go wrong due to various reasons. Please do your own analysis before investing/trading.