5896 Channel play for long term investment
Reason for long
a) channel play and price within the channel for several weeks
b) volume accumulation zone
c) possibility of formation an alternative to SBI bank. Hence more volume may pick-in in future. This is purely my assumption based on current indian economy.
a) channel play and price within the channel for several weeks
b) volume accumulation zone
c) possibility of formation an alternative to SBI bank. Hence more volume may pick-in in future. This is purely my assumption based on current indian economy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.