this is what I've captured during this month .
The8/1 support exists at 47.70. Stock may turn bullish if it manages to go up and close above 60.95.
Nice 8 -9 month long consolidation. Buy if crosses 92 with stops at 80
While the price action in the last 8 months has been pretty suspicious of distribution, while the monthly chart suggests a oversold stoch cci when the price action is in the demand line /support line of the uptrend channel.. So this is a ambiguous scenario, where if i give preference to the story told by the price action it seems to be artistic selling by the...
GANESH BENZOPLAST 1D BSE Present situation... 1.Symmetrical triangle 2. Last uptrend rejected by the Kumo Red resistance cloud and heading downwards 3.Last stupport was taken on the weekly pivot level 4.Impending triangle breakout, marked by nearing apex and lower volumes inside the triangle... Symmetrical triangle breakout.. Bearish breakout is likely die to the...
Ganesh Benzoplast Stock has strong Demand Zone of 78-82 There is a trendline Support as well. One can average the stock between 78-82 for a bounce till 100/105 levels.