The smooth swing curve is indicating that the potential of SUNPARMA has increased, and it is trying to reverse back to its all time high. Well, it surely going to take a long-time. But the fundamentally strong share is good to hold long.
Despite its slow growth and over-valuation, one can also show his interest in what technical says. The higher-low, downward trend, and average RSI level are all positive signs of growth in Crompton. However, the growth might be slow as usual, but consistent. Slow but steady wins the race.
The technical indicators are at a neutral level. The descending triangular pattern generally takes the trend downside. However, the highly decreased volume of sellers shows the possibility of reflecting back. Thus, it will be too early to make any decision, at this time.
MATIC is about to break the bullish triangle. But if it didn't break, and fall, it will store enough energy to not only break the trend but to go high to 0.045 USD. Observe the trend. Moreover, it is not overbought.
