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Anany_shringi
Mar 22, 2023 4:47 PM

Ultimate Rejection Zone Since Inception! 

ADVANI HOTELS & RENSE

Description

hi @bhikhu65

As requested here is chart after checking over multiple timeframes I found this interesting fact I.e. since the inception of this company it is facing resistance from upper end it never give close above 95 levels on monthly basis.

I know its been a tough investment from Investors perspective but we cant do much with this, we can only analyze by Technical way. and I know the recent trendline which I made in the chart was also not that perfect but it has the highest connecting points and clearly we can see that chart was gave breakdown below that line.

so the sand of line for me in this particular script is 60 level on monthly basis, I would like to add that do not try to average this script on lower side but once its crossed its upper range and when price will sustain above that then and then only add these kind of scripts on Price action when they will retrace .
I don't when it will happen but I wish you all the best till that particular period of time.
That's all from my side.

Thank you for your time, Love And Support.

All the best.

Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.

Comment

If it will clear the rejection Zone then you know what to. :)

Comment

getting ready for breaking the box, keep looking.

Comment

20 % return within 3 days , massive
we got close above the box last month.

Comment

adding position should be beneficial when price came in box.
allocate funds wisely.
Comments
bhikhu65
Getting closer to breakout…
Anany_shringi
@bhikhu65 congratulations 🎉
Anany_shringi
@bhikhu65, we missed this week :(
will try in coming weeks.
bhikhu65
Can you plz do for West Coast Paper and NMDC?
Anany_shringi
@bhikhu65 please allow some time to do so, meanwhile if you can share your horizon and style then it will be easy to do .
bhikhu65
Any charts on JK Paper…
Anany_shringi
@bhikhu65 will do!
bhikhu65
Breakout done…
Anany_shringi
@bhikhu65 it seems but would like to wait for this month close.
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