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 ...