Andhrapetro
Uptrend for Andhra Petrochemicals Ltd.The price broke upward out of a trading range suggesting we're entering a new uptrend.
Support & Resistance
Support found at Rs. 61.05
Resistance found at Rs. 78.05
Target: Rs. 78
Note:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
ANDHRAPET started moving higher ANDHRA PETROCHEMICALS LTD is ready for uptrend. After been in a downtrend for almost a year, this stock is ready to move up from here on. Recently this stock has formed double bottom pattern and has broken the neckline of the same. Huge volume is clearly seen at the time of breakout. Now that all stocks in this sector are moving higher, this is also ready. Swing traders keep an eye on this stock and can accumulate on pullback