GMM Pfaudler Ltd
. is consolidating in a pennant
pattern in the daily chart
and likely to see short term breakout above swing high of 3650. Technical parameters look very strong and further re-entry into the overbought zone is likely to trigger further momentum breakout in the stock. Keep a watch.
The analysis done on the charts is based on current data & my personal observations.
All the information presented is for educational purposes only.
Please consult your financial advisor before investing.