Stock facing multiple resistance at trendline drawn in weekly chart . Weekly RSI above 60 indicates strong bullish trend strength. ADX above 23 that too indicates the strength of trend. Volume also increasing . Price sustaining above 20 day moving average on daily chart.On daily chart, stock is moving in parallel channel. Invest 1/3 or 1/2 now for better return and continue monitor daily chart to check there is no breakout in channel on negative side. At last chemical sector is also outperforming.
This is only for educational purpose.Invest only after your financial advisor advice.
This is only for educational purpose.Invest only after your financial advisor advice.