I must b wrong somewhere! ;-)
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Chart Indicating 1) Green Trend line working as a Short term trend line Support 2) Pink Lines Recently Formed a Bullish Divergence and showed up move 3) Red line working as Resistance price action clearly shows near red area formed a Shooting star & Hanging man clear shows price rejection at resistance level
BSE:RACLGEAR Bulls were showing their power for long are they still out their hmm... May be they are testing our patience.
Tactics (if u agree!!)
Wait for the breakout with volume... or for further accumulation for the fib levels ,especially 62% is really crucial ! ...
slightly long term but still worth it...