This stock exhibited highly volatile movements this week, accompanied by remarkable volumes. It attempted to break out above its previous high of ₹970 but failed.
The subsequent correction occurred on low volumes.
A POM is scheduled for January 12th, suggesting the possibility of significant news.
An inverted hammer candlestick has formed, indicating an excellent risk-to-reward opportunity. The support level can serve as the stop loss.
The stock should be analyzed primarily on the weekly timeframe, as charts on other timeframes, including the daily, are extremely noisy. The weekly chart, on the other hand, is clear and well-structured.
The subsequent correction occurred on low volumes.
A POM is scheduled for January 12th, suggesting the possibility of significant news.
An inverted hammer candlestick has formed, indicating an excellent risk-to-reward opportunity. The support level can serve as the stop loss.
The stock should be analyzed primarily on the weekly timeframe, as charts on other timeframes, including the daily, are extremely noisy. The weekly chart, on the other hand, is clear and well-structured.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.