Scrip can now be seen to be dominated by bears fas it has already retraced to fill the gap created - exhaustion bearish gap and it also gets validated by low volume but price rise and then, trend reversal
Bearish confirmation as also can be seen through death cross which is a crossover resulting from a security's long-term moving average breaking above its...
Scrip has been on the bullish trend with formation of ascending triangle
The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price...
The stock has had a fantastic ride in the last 1 year moving from 56 odd levels to 250
228-240 zone is looking likely to act as potentially strong resistance zone going forward
Expecting the stock to consolidate in the range of 228 to 192 with possibility of some downward bias breaking on the down side testing 166-160 levels in...