SUBEXLTD - Rounding bottom breakout
SUBEXLTD has been in downtrend since 2.5 years.
It has faced resistance multiple times around 38-39 levels zone.
Today it has given strong closing around 39 with good price action and strong volumes. It is good weekly closing as well.
Looks like stock is turning to new up trend.
Immediate target is coming to 50+, post which we may see new ATH as well.
SL: Daily candle close below 38.
It has faced resistance multiple times around 38-39 levels zone.
Today it has given strong closing around 39 with good price action and strong volumes. It is good weekly closing as well.
Looks like stock is turning to new up trend.
Immediate target is coming to 50+, post which we may see new ATH as well.
SL: Daily candle close below 38.
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