Description
⋅ Mangalore Chemicals & Fertilizers Ltd - 21.03.2022
The stock is trading @ 80 levels
There is a Inverse Head & Shoulders Formation in Weekly Charts (Neckline @80; Formation Low @ 64.65)
The prices are above EMA
There is a PIERCING PATTERN in Monthly Charts
RSI is 58 in Weekly Charts
One can initiate a BUY Position above 81 with support @ 76
Watch out for the price action