Suppetro was in a Lower Low Lower High structure. Recently the structure was changed and today it has confirmed the reversal by forming HH HL Structure.
Watch the trendlines. It is approaching ATH levels and has just closed above more than 3 yrs trendline.
One such more excellent scrip in this dept. is Somany Ceramics.
Head and shoulder pattern can be observed in SUVENPHAR and the stock is taking support at the Trend line/ Neckline. If it breaks this neckline, can be a good short. Levels mentioned in the chart.
