Prestige: Breakout from the rounding bottom
Updated
Prestige has seen good amount of volume buildup in past couple of days.
A rounding bottom formation is visible clearly in charts. Now price has broke out of the neckline of bottom with good volume.
There is a gap between 260-278 which needs to be filled. SInce price is near these gap price levels, expected to fill by a quick price rise.
Short term Target 1: 276-278
Target 2: 292
A rounding bottom formation is visible clearly in charts. Now price has broke out of the neckline of bottom with good volume.
There is a gap between 260-278 which needs to be filled. SInce price is near these gap price levels, expected to fill by a quick price rise.
Short term Target 1: 276-278
Target 2: 292
Trade closed: target reached
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