Bodal Chemicals Long indications
Chart had been on down trend since long and is gaining some volumes in near term. On Fibonacci levels of 77.5 it has bounced multiple times and seems to have weakened that resistance levels hence expecting some upmove from the current levels of 72.
My levels on the north would be 91-101-113-129. With the base levels of 64.
Volume should come in handy for it to have some momentum.
No recommendations, just my view based on chart pattern.
Chart had been on down trend since long and is gaining some volumes in near term. On Fibonacci levels of 77.5 it has bounced multiple times and seems to have weakened that resistance levels hence expecting some upmove from the current levels of 72.
My levels on the north would be 91-101-113-129. With the base levels of 64.
Volume should come in handy for it to have some momentum.
No recommendations, just my view based on chart pattern.