Fundamentally strong and progressive!
Currently price is resting at a low area, but me personally would like to take longs once price comes out of consolidation because no one knows how long it will stay range bound.
No point in keeping dead money!
Vinati Organics Limited
VINATIORGA closed at the Resistance level with high volume.
Technical Indicators are bullish.
****TRADINGEDGE TIME_TREND Indicator is also BULLISH****
If the price trades above 1048, a Breakout is expected. Next Resistance level is 1170.
The nearest support level is the low fo the supply zone (975).
KEEP AN EYE !!...
Price Action: Evening star at resistance clearly indicates rejection of 52 Weeks high area initial target 2060 ( 20 EMA as resistance ) if that breaks then next target 2010
Market Pandiths giving buy signals to retailers to provide exit route for big players on 52 weeks high levels