Electrosteel Castings (Electcast) -from Strong Sector -Clean setup -Vol kickin in, clearly Grenn vol > Red vol -Signal candle -Good shakeout
Overview & Observation: 1. Beautiful Double bottom formation. 2. Prices are showing weakness currently. 3. Might see some strength build up later once it starts moving ATH (200 levels) Trade Plan: 1. Just keeping it on my radar and will observe its price behaviour in coming weeks... - Stay tuned for further insights, updates and trade safely! - If you liked...
Electrosteel Castings Ltd CMP : 60.60 1) Stock has broken out above crucial resistance zone and multi year highs 2) Price is consolidating since the last two months between the range of 55 to 65 3) A move above 65 - should generate strong momentum in share prices towards 95 and 105 levels 4) Overall long term structure is very pullish and stock should find...