Just_A_Novice_Me

CESC Ltd on Weekly Timeframe

Long
CESC (NSE:CESC)  
NSE:CESC   CESC
Price is moving in the same area from two years.
There's a strong resistance level in the range 91 - 96.
There's a possibility that price breaks this level in coming weeks , we can see volume is increasing.
Also price is above 200 EMA.
Don't haste wait for the breakout with big green candle .

FUNDAMENTALS :-
Pb ratio :- 1.05
Fy PE ratio :- 8.88
Revenue increasing in past three years.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.