The stock is in downtrend from long time, now it has formed an inverted flag with downtrend channel on daily and weekly charts. It looks like in today's close it has attempted the breakout above the channel for the second time. Last time it tried to break the channel but, was fake breakout. But, today's breakout is convicted as the volume is enormous compared to...
Inverted head and shoulders breakout on banknifty on. Hourly basis. A minimum of 4000 pts coming. This is just my view. your intelligence may be required on this..
You view please! The selling from FII is nonstop. May be they have a conviction of rupee depreciation against USD...the rounding bottom formation on USDINR chart is worrying..