NOCIL DAY CHART IS BULLISH BUT THE HOUR CHART IS ALL BEARISH.
WAIT FOR PRICE LEVEL OF 120 FOR ENTRY.
THERE IS A CLOUD TWIST AND THE SHARE PRICE SHOULD START REVERSING AGAIN.
ON CROSSING 131, IT WILL BE IN BULLISH ZONE AND 140 CAN BE SEEN.
The stock is out of 1/1 descending fan angle and is expected to cross 2/1 descending angle at ~182 in short term. If it does so, the stock is expected to touch 198.50 in about two weeks. If it crosses 212-220 in next 30 days, it will come out of bearish trance. Support is at 145.
Scrip price action can be seen taking a pullback after almost bearish bat pattern (although coordinates arent perfect)
Expecting the scrip to surpass 52-week highs this time after reversal owing to its strong fundamentals and growth chart.
Noticing the current price action, The scrip is being pulled back due to Nifty midcap taking a hit during past few...