raam8360

raam8360

The stock stays in consolidation for a very long time before a breakout. breakout happens only by news or good earnings. also there is no hope of breakout now as there is no uptrend. MACD is not that great now. hence I would recommend you o wait for while. strong resistance at 774. no proper support. Can give an entry if forms a good support level or gives a good...

raam8360

Support 3742, Perfect Support @3447. Resistance 4215. Can break the ATH within 1-2 weeks if the market sentiment is bullish and good results on 18th Oct 2021. Even if bought at ATH need not to worry. worthy to hold for long term.

raam8360

Good Breakout today after the big gap down and also recovered quickly, can expect a good upside momentum in the upcoming days *Broke the resistance of 444 and once it becomes the support level. shareholders can see some green in their portfolio. not much to worry for Medium and long term investors *swing traders, short term traders need to trail Stop loss for some days.

raam8360 Updated 

Waiting for a good breakout with RSI bounceback, Breakout can be expected within next 2-3 weeks. who ever bought at ATH need to wait a little more as the Market is Bearish! Its waiting for high volume trade, need a good trigger maybe earnings result (26th OCT 2021) or any favorable news.