Everest Kanto .. multiple technical Aspects!!!
It's a packaging industry stock.
* Stock is in uptrend
* Multiple technical confirmations..
* 2 Cup & Handle marked on chart
* Also it's inverse H & S pattern.
* Strong volumes since few weeks as FIIs increased their holdings
* Price steadly going towards upper channel. Trend line also broken and retest.
* If price sustain above 207, can go towards next pivots as 238 & 247..and support is at 175 - 148 range
* Stock already moved 10% yesterday..
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.