Flag Formation, Could show and upmove and a breakout. Trading is demand Zone. Oversold.
Breakout after consolidation. High volume buying on the previous day. Minimum 10% upside. Fundamentally very strong company.
Strong Up move. Comfortable risk reward position.
At crucial supply zone. Falling volume levels. 15% upside, 20% down side.
Triangle formation. Keep on watch list for possible breakout out or break down.
Mere breakout from supply zone. Strong uptrend observed. Might be in momentum for couple of weeks.
Cyclical movement over the years. Trading in a zone. Buy low - sell High.
Possible correction. Cyclical movements shown in the past, could repeat.
If it breaks 300 level it has a 50% upside till 450 levels. 1.5 Risk to Reward. Medium term trade.
Medium term Trade 2.63 Risk Reward Ratio. Beaten stock, could POSSIBLY recover till the next resistance. Fundamentally speaking, the performance of the company has been below average over the years.
Multiple supports taken at 30400. Multiple resistance faced at 30800.
Strong up move after being bottomed out. 1.67 Risk to reward. Duration 2-4 weeks