Since the stock has not yet broken above its descending trendline resistance, it may be best to observe this counter for the time being.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
The stock has broken out of the descending trendline, it is seeming to be creating a cup and handle pattern. A breakout above Rs. 208 will confirm the pattern formation.