Stock resisting around 450 zones multiple times, indicating strong resistance zone. However, the support levels are moving higher on the trendline. Stock expected to be bullish if sustains above resistance zone. Levels marked.
Shilpa med reversed from the support zone, with buying interest in past couple of days. stock is poised for the levels marked as intermediate. However, the stock is expected to take a big breakout above 400 levels.
Stock is braking out of triangle pattern which was formed since Nov, 21. Stock trading above 20-50-100-200 DMA. A major resistance @ 4200. If stock sustains above 4200. We could see higher levels of 4625 and 5150. Please note this post is for educational purpose only.