CALCOM VISION chart is forming a VCP structure in Weeekly Timeframe. Going thru the company fundamentals, looks like a turnaround situation. I have initiated my position @158 and set my Stoploss @145. Lets see how this plays out.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial...
BOM has crossed 0.61 fibo level.
Trend changed with hugh volume support.
Major resistance at 30.30.
Bank have also turned from hugh losses to profit in last 2 years.
So positive outlook for future.