Initial glance in daily chart shows this counter formed descending triangle chart pattern which is bad - continuous bearish trend. But in smaller time frame 1H chart, it actually formed symmetrical triangle to which it can potentially break out from its trend line resistance and thus reverse its bearish trend.
Heightened banker activities started from 19 February 2021. This counter is rumoured to be involved in solar projects.
Disclaimer: Trade at your own risk.
Heightened banker activities started from 19 February 2021. This counter is rumoured to be involved in solar projects.
Disclaimer: Trade at your own risk.
Comment:
Nicely closed at resistance trend line. Will it BO from here tomorrow? Time will tell.
Comment:
Finally BO from the trend line.