The stock has been in sustained downtrend since 2021, forming rounding bottom pattern.
The correction in the stock price after dividend payout got extended further upto 298 levels.
There is also small rounding bottom pattern inside the major one along with rising wedge
pattern which is likely to breakout soon. The levels are shown on the chart, for...
1) On 1 day time frame, we can see that after giving closing above 50DMA on Thursday , it made bullish candle above 50DMA on Friday.
And now it is near the breakout range of 400 level.
Breakout 400 will lead it to easy 405 level. And breakout of 405 level will make it bullish.
Major breakout level is 410 level. One who want to be in...
if one could find reversal around these level then go long. keep as as per risk appetite.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.