I am not a authorized analyst so this is not a recommendation to anyone just my analysis. It is quite evident from graph that the share is making higher high and lower low pattern on daily chart. On fib retrenchment the price test the new level after breakout and then take support of the level from where it crossed from.It is also following the trend line of the...
I am a authorized analyst so this is not a recommendation to anyone,just my analysis. It can be seen from the chart that the trend-line by Fibonacci retrenchment is respected beautifully by the prices. After breaking every level it tests the prices and moves up. It has taken support twice in last two trading sessions, which could be a indication of uptick in the...
I am a authorized analyst so this is not a recommendation to anyone just my analysis On daily time frame, line chart is showing pattern repeat. If the share gives a positive candle it could be buy signal and the pattern could be followed and show level of around 167. And the share also has a good support at price near to 145 which would help in reversal but if it...
Educational Purpose only There is a negative trend line crossover and since then it is respecting the resistance of same trend line