Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. 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.
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Having crossed 1/1 ascending angle on closing basis, the stock shows good bullishness and if the bullishness continues, it may surge to a level of 580-600 in gradual up move.
Kalapataru has to close above 439 tomorrow to overcome the resistance which it has been trying for some time. However, the stock pattern remains bullish.
Waiting for Inverted Head and Shoulder Pattern Breakout on Weekly Charts.
Need to wait for coming weekend for confirmation of this pattern, but do keep this in your watch list.
