PREMCO GLOBAL LTD. BSE:​PREMCO

Premco Global has been correcting after the uptrend till around 1000. Now its at around the 61.8 percent retracement level Based on Vol analysis its looks be in accumulation phase now ( marked inside the rectangle) and a reversal might be on the cards. RSI also rising Also there is a double bottom on the daily chart

CMP 480Rs Retest Lvl 440Rs Pattern: Wedge Initial Target: 540Rs in Short term