indiamarketoutlook

Plastiblends: Technical Analysis at its best

NSE:PLASTIBLEN   PLASTIBLENDS INDIA


How much loud and clear does one want the chart to be....


This is what we had posted on 26th June 2017
Retest of breakout zone and up again on confirmation...

This is what the chart observations were indicating and that is exactly how it panned out...retest of breakout line and zoomed all the way up above 600+.


We have plotted the chart on a 15 minute time frame and one can notice how the stock reversed exactly from the support line...

That's the beauty of technical analysis ...

You identify the levels beforehand and keep yourself ready and when those levels come decision making and trading becomes much simpler ...


Hope those who were following were able to make the most of it...

Cheers and happy trading...