After a long downtrend (shown by red line), Share has formed Doji pattern followed by Marubozu (can be seen in green box). Doji pattern represents indecision and Marubozu represents upcoming uptrend. Formation of Doji with Marubozu makes upcoming uptrend prediction more strong. On the day of Marubozu, Share price has increased in good volume (can be seen in blue...
After downtrend, Bullish Harami pattern is formed which can be seen in blue box of graph. The pattern indicates upcoming uptrend. Relative Strength Index (RSI) has started making movement in the upward direction, which can be seen by a black arrow in the graph. Upward movement in the RSI also indicates upcoming uptrend. The share will cross 290.
It can be seen in the graph that share price has started moving in upward direction. 20 days EMA(black) is about to cross 50 days EMA(sky blue) which indicates that uptrend is started. For few days,the price has been increasing in big volumes. SHARE IS BULLISH NOW. IT WILL CROSS 480.