General Insurance was in a downtrend from the beginning now the price is attempting to brack its long term trendline resistance
Technically, it is making a bullish breakout from the technical pattern of a flag which indicates that bullish momentum can be expected towards 320 levels.
RSI has been in complete sync with the price index which confirms the bullishness.
R:R 1:12
SL 185
Target 1st 320
Target 2nd 430
Technically, it is making a bullish breakout from the technical pattern of a flag which indicates that bullish momentum can be expected towards 320 levels.
RSI has been in complete sync with the price index which confirms the bullishness.
R:R 1:12
SL 185
Target 1st 320
Target 2nd 430
Comment:
Now it is at retest keep and eye, Volume activity looks good too
