Why are you analysing monthly chart in the middle of the month.. never presume the closing of the candle
VisibleBeer7
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@Ritikism, See the volume, look at the candles size, stock trading at 2004 level now compare it with bhel's chart. Something is cooking in banking. For 14 months stock is consolidating, ready for a big upmove. I made this analysis on end of last month may, posting it now..