Gitanjali GEMS seems to have made cup & handle pattern on its weekly charts & is on the cusp of breakout with huge volumes.
Request experts to provide your valuable feedback as this is my first chart. Please correct me if I am wrong.
There is a tripple correction, which could be unfolding & it could one more minor league within Z-Wave which looks plausible above 49. Currently above 49 -we shall look for the zone-54 to 56.
Or Selling could be expected only below 43.50 strictly.
There is no trading zone between 43.50 to 49
So, Gitanjali shall have to pass with some more pain in the coming...