zaidsk70

zaidsk70 Updated 

The price has bottomed out and reversed from Multiyear Support at around 130-135 INR. Broke the previous High on the Daily timeframe and then proceeded to break the Channel pattern on the upside. Breakout created a new high (175 INR, which is also 200EMA level on the weekly timeframe) & Retraced (Failed breakout). Retraced and consolidated and then gave a...

zaidsk70

Monopoly in the sector. Strong Fundamentals with good ROE. Cup & Handle formation is complete. The price is above 50 and 200 MA. Handle breakout is seen, however, there is an immediate STRONG SUPPLY ZONE (acting as resistance) just above the Handle region. This STRONG SUPPLY zone has been broken today with a gap-up opening indicating bullish momentum. Stoploss...