capsule91

PTC INDIA- A Potential Compounder in Making

BSE:PTC   PTC INDIA LTD
1.Reciprocal Bullish ABCD formation almost complete near the weekly support S1
2.Reversal to be impulsed back to the Median line of the pitchfork according to Price Magnet Theory
3.Several levels including weekly resistances and Fibonacci levels of BCD 0.73% , taking D point in the weekly support S1 , has been taken in correspondence to the pitchfork
4. Bullish Reverse Divergence on RSI oscillator validates the upmove projection

Disclaimer... Invested and averaging down... this is not a time dependent analysis
Not an investing/trading recommendation..

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