In 1 day stock is getting support by its lower trendline, Currently took support from 20Daily as shown on 1st chart. Also got some demand from the . Retested the breakout with high .
In 2Hrs timeframe it has completed and also supported by 100 .
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 (GREY), BLUE (200 DAILY ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
1) TE-REKAB - Proprietary Indicator
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)