The stock had been in downtrend since its listing. Had made Inverted Head & Shoulder Pattern
after listing but was unable to sustain, however continued the downtrend forming rounding
bottom pattern. Now, the stock has given 6month breakout. Even though earlier Inverted H&S
pattern is invalid, I have shown intermediate targets based on the same. All levels shown on the
chart, are only for educational purpose, not any trade recommendation.
after listing but was unable to sustain, however continued the downtrend forming rounding
bottom pattern. Now, the stock has given 6month breakout. Even though earlier Inverted H&S
pattern is invalid, I have shown intermediate targets based on the same. All levels shown on the
chart, are only for educational purpose, not any trade recommendation.
Trade active:
stock has made strong bullish candle
Trade active:
Almost after 6months from listing, the stock has breached it's listing day high with positive bullish daily candle. Looks positive going forward, as per analysis.
Trade active:
560 is major support, stock made high of 658 on 18 July.