Date 16 June 2021 140 should be resistance Zone As per HM system it is in resistance Zone As per price action for further up move it has to spend some time when RS come to 0 then initiate any trade
2 August 2021 According to the trendline pattern, a downtrend has begun. The best level to enter is 1605 if the price crosses the Blu line and the downtrend continues.
Stock is trading in a channel. 80 % Up move is seen .target of 487 can be achieved unto 26 October.
As per trend it seems that on weekly chart is going down. in short term on can buy at current leval 33.90 for
Buy at 108 and stop loss is 104. Target is 130 in one month. This stock is a cyclic stock and not good for long term investment. every time when it dip down, in next few month is will give unto 60 to 70% upward movement . Currently it is consolidating in a range, so one can take a small risk of 5%.