MANAKSKIA STEELS LTD - Triangle Pattern & Previous ATH Breakout
Updated
MANAKSTEEL
1) Time Frame - Weekly.
2) Previous Life Time High was 64. It has been consolidating in a triangle pattern since 2022 & given a breakout in weekly time frame currently.
3) It's a Triangle pattern & All Time High breakout with strong bullish candle & Good volume.
4) Stock will find its next resistance around the price 80 (17%).
5) Recommendation - Strong Buy
1) Time Frame - Weekly.
2) Previous Life Time High was 64. It has been consolidating in a triangle pattern since 2022 & given a breakout in weekly time frame currently.
3) It's a Triangle pattern & All Time High breakout with strong bullish candle & Good volume.
4) Stock will find its next resistance around the price 80 (17%).
5) Recommendation - Strong Buy
Note
As mentioned, The given target around 80 (17%) achieved.
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