General Insurance was in a downtrend from the beginning now the price is attempting to brack its long term trendline resistance
Technically, it is making a bullish breakout from the technical pattern of a flag which indicates that bullish momentum can be expected towards 320 levels.
RSI has been in complete sync with the price index which confirms the...
General Insurance is in a Pennant Pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may...