Laxmi organics weekly candlesticks with levels
Laxmi organics from 160 to 640 and down to 50% retrace level388 . it is facing resistance 438 area on daily and weekly closing basis . now with ended week it made morning star pattern on weekly chart with range 388-456. which one can consider bullish reversal in down trend . as it is above 10& cmp 432 near 20 dma but 50 dma resistance placed around 456 upper range-area. so no view but to observe price movement .
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posted as learning through sharing
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