This stock has been formed like rounding bottom chart pattern and done breakout with good intensity of volume in weekly chart, along with many more positive signs aligned with same bias in Macd, Rsi, Dmi adx, Bollinger band etc. This whole scenario is suggesting that this stock could be an investment pick, all the key levels are mentioned in chart with Stop-loss and Targets.
Breakout with good intensity of volume in daily
Breakout with good intensity of volume in weekly
Dmi adx also positive
RK momentum positive
Macd in daily positive crossover and Uptick and also above zero
Macd in weekly positive crossover and Uptick and also above zero line
Rsi in daily above 60 uptick
Rsi in weekly uptick and above 60
Weekly BBC along with trendline breakout
Daily BBC
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Disclaimer I am not sebi registered analyst My studies are for Educational purpose only Please consult your Financial advisor before trading or investing I am not responsible for any kind of profit or loss
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