CHART -> Phillips Carbon DAILY SETUP
1. Stock is giving an inverse head and shoulder breakout, with morning star formed at the end of consolidation.
2. Huge volumes can be seen at the time of breakout.
3. Stock was consolidating around 200 Days MA, before it gave a break out.
4. RSI has gone above 60 shows strength of bulls.
Considering above points, Phillips Carbon should be fueled up to test it's all time high of 277 again.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
1. Stock is giving an inverse head and shoulder breakout, with morning star formed at the end of consolidation.
2. Huge volumes can be seen at the time of breakout.
3. Stock was consolidating around 200 Days MA, before it gave a break out.
4. RSI has gone above 60 shows strength of bulls.
Considering above points, Phillips Carbon should be fueled up to test it's all time high of 277 again.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.