- Ascending Triangle
- Symmetric Triangle Within Ascending Triangle
- 50 MA Trending Upward
- Price Rejection of Support
Do not short any stock or NIFTY at any cost unless you want to burn your capital! Such contraction on an index is exceptional
Stock is at a level where major support and short term support both meet with golden ratio Fibonacci. In a bull market this stock would now be accumulated and would take off anytime. Buy here and expect good returns for long-term also
Stock is at major support level of 275. Volume buildup suggests good accumulation at lower levels. Business should remain intact. All prospects are positive. Buy this for longterm and if lucky these levels may never be seen again.