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pradipandsuvra

RHIM: Just getting out of consolidation

Long
RHI MAGNESITA INDIA LTD (NSE:RHIM)  
pradipandsuvra  
NSE:RHIM   RHI MAGNESITA INDIA LTD
Trend Analysis Chart Patterns indianstocksanalysis wpattern
4
0
trendanalysis chartpattern indianstocksanalysis wpattern
It's a W pattern formation.

Followed by the price is consolidating around the neckline trendline.

Today a smallish green candle formed out of the consolidation zone, breaking above a falling trendline.

Keep an watch.



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