Piramal Pharma, has formed a Double-Bottom chart pattern, indicating Bullish reversal. With today's bullish candle the volume has also spiked. We should watch out for the price action in the coming days. As indicated in the chart, resistance trendline is respected as well as the support trendline. If the stock has to move up, then it has to breach the resistance trendline.
Let's keep a watch on it.
Let's keep a watch on it.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.