This fellow is showing strength.
Bigger down trend break and retest done.
Smaller down trend break and retest done.
Decent Volumes seen in last few weeks. Sustaining above all key moving averages.
Now we need to wait and watch it to sustain above the supply zone (51-60). Once it sustain we can go with pilot position and also consider it as the support zone...
Pioneer EMB is attempting a breakout post consolidation of few weeks. Looking good for strong upside given the tailwinds in the Textile sector. Possibly could even double from current levels
