A breakout with momentum is expected in GODREJAGRO. Keep it in your watchlist.
Disclaimer: This video is for educational purpose and not a recommendation. The analysis posted here is just our view. Do your own analysis or consult your financial advisor before making any investment decision.
Breakout Trap in PENIND
Daily Analysis of PENIND
This is how investers traps in a breakout trap
PENIND has made double bottom patten and as per Double Bottom Pattern analysis the projected target has been reached but the picture is not over yet!!!
Some investers do re-entery in it after it breaks recent resistance level. Same thing happend in PENIND after...
Due To Weak Quaterly Results It Was Underperforming And Trading Low On The Curve From 750 To 350 Since Last 9 Months. But Dec 2022 Results Were Superb Compatative To All Previous Quarters Of Last Year Hence It Rallied Almost 75% In A Week.
As Showed In The Chart There Was A Bearish Gap Level Oh 13th August 2023 At 621 - 638 Price, Where We Can Assusme That There...