NSE: RNAM Oversold towards 113.
Falling since beginning, with group company bankrupt, effect might be seen on this stock.
Very oversold. Short bounce back is expected, but will not last long
Price might be pushed towards 113 if consistent close below 134 level on daily chart happens
As expected bounced back😀
Book Profit at 169 and hold rest
Trade closed: target reached:
Book Profit or Trail rest. total gain 68 points
Broke on high side of triangle and hit of 224, Interesting.