Cochin Shipyard (NSE: COCHINSHIP) is formed bullish hammer candle on weekly chart, with good amount of volume. It has closed a little above 38.2 Fib level, which it has been resisting for the last couple of sessions.
This is as per my analysis.
Happy Investing.
Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.