kk827

Premco Global - Possible reversal on the cards?

Long
BSE:PREMCO   PREMCO GLOBAL LTD
Premco Global has been correcting after the uptrend till around 1000. Now its at around the 61.8 percent retracement level
Based on Vol analysis its looks be in accumulation phase now ( marked inside the rectangle ) and a reversal might be on the cards. RSI also rising
Also there is a double bottom on the daily chart