The stock has been in forming an inverse head and shoulder pattern since past 1.5 years and lately has broken out with some good volumes
462-469 Levels were pretty crucial but were shattered in no time
The stock has been bought consistently by the big hands.
It can rally more than 40% in no time hitting the 704 levels.
The fundamentals are however bit concerning, the profits of the company declined this year however some if good momentum prevails can rally decently
462-469 Levels were pretty crucial but were shattered in no time
The stock has been bought consistently by the big hands.
It can rally more than 40% in no time hitting the 704 levels.
The fundamentals are however bit concerning, the profits of the company declined this year however some if good momentum prevails can rally decently
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.