balkrishna

Wimplast!!! Blast from the past :)

Long
BSE:WIMPLAST   WIM PLAST LTD
Previous trend: Bearish (1645 to 250)
Present trend: consolidation (price has reversed Downward by making higher low), Prices trading above long term averages.
Support:415 and 335
Resistance: 783 and 948
Pattern: Inverse head and Shoulder breakout above 464
Volume: Volume increasing at lower levels. Sign of Accumulation. last breakout rally had highest volume . The selling Volume is too low.
Price invalidation level/stoploss:335 on Weekly Closing Basis.

Disclaimer: Only for educational purpose. Do trade as per your risk management.

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