Let's understand multi timeframe analysis for NSE:5PAISA.
1. Price has forming bullish harmonic bat pattern and is currently standing at a PRZ(Price Reversal Zone). 2. Price is approaching a key demand level in weekly and monthly timeframe. 3. After making a consecutive LH-LL structure, price has finally made a HL which could suggest a reversal of a trend. 4. On a daily timeframe, 14 period RSI is forming a bullish divergence.
Above confluences suggests that there's a high probability of short term bullish reversal if price succeed in breaking the previous high.