NITIN SPINNERS LTD
Long
Updated

Nitin Spinner: Googly ya Top spin :)

167
Previous trend: Bearish (114 to 30)
Present trend: Bullish (price has broke Downward trendline at 58)
Support: 77 and 58
Resistance: 130 and 157
Pattern: Rounding Bottom breakout above 30 and retesting 30
Volume: highest volume of 6.92 mn on the beginning of May 2021. Last highest monthly volume was in the month Feb 2017 (8.9 mn)
Price invalidation level/stoploss:77 on Monthly Closing Basis.

Disclaimer: Only for educational purpose. Do trade as per your risk management.
Note
130 done. next level is 157
Note
157 done. :)
Trade closed: target reached

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