Piramal Pharma, has formed a Double-Bottom chart pattern, indicating Bullish reversal. With today's bullish candle the volume has also spiked. We should watch out for the price action in the coming days. As indicated in the chart, resistance trendline is respected as well as the support trendline. If the stock has to move up, then it has to breach the resistance trendline.
Let's keep a watch on it.
Let's keep a watch on it.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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.