Monthly chart of balasore alloys shows the formation of rounding bottom. When the rounding bottom formation completes, upside movement will be fast. Volume is high at this stage of completion indicates investors are accumulating. When the price closes above 77, it will move towards 90.110 and 125. I expect this movement in one to two years.
Trade active:
@ 70. 20
Comment:
Aggressive moevement price trending @ 77
Trade active
Trade active
Comment:
1st target done
