Description
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As shown in the chart,
The trend is a long term upward trend with dips in the pattern,
As the stock appears to break the 50 dma line and once the dip crosses it,
The trend starts to emerge as the bulls spikes the stock in upward trend with normally 5-6 days incline with market sentiments in mind,
As the bottle neck is due to market sentiments due to Maharashtra state lockdown,
As this time when it breaks the bottle neck lines, it will rally high.
Only for educational purpose.