The analysis is on weekly time frame so i believe its a long-term investment.
The stock is forming a new higher lower formation and showing constant reversals from 507.
Now the stock has managed to maintain its 100 day moving average.
So currently its placed near the lower end of the formation.
"A GOOD TIME TO BUY" for long-term
"I WILL BE POSTING MY VIEW FOR...
JKLAKSHMI looking good for long setup. Good Support levels seen and seems has bounced from the strong support zone. May expect 480 levels soon. Closing Basis support seen at 408.
