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investigationofchart
Dec 4, 2023 12:33 PM

Analysis  Long

MADRAS FERTILIZERSNSE

Description

1) stock at up trend momentum
2) 96 is the resistance level for the stock
3) this up trend supported by volume
4) volume building like mountains
5) 2022 APR "55-60" this zone act as resistance for the stock
6) after this breakout stock give 68% rally
7) 68% rally with in one months likely 22 sessions
8) same move can accepting from this stock
9) crossing sentimental and main resistance for the stock and must sustain above
10) stock give 25% move from present level
11) no recommendation for buy and sell
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