This scrip has come down far form its all time high and recently the down ward flow is losing the Momentum , i am more likely considering it as Formation of Contracting Triangle or usually its also called as barrier Triangle , this is Just a forecast the price action confirmation can lead to further conclusions ,
One can Look for the formation of these pattern and can identify them to trade in the direction of higher possible trend
Good Luck Keep learning
One can Look for the formation of these pattern and can identify them to trade in the direction of higher possible trend
Good Luck Keep learning
Comment:
Momentum has pushed the Scrip on much lower then Pre-defined , One can look for Buying on reversal confirmation on Daily EOD Basis
Trade active:
One can look for one more drop before heading for Higher high