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Just_A_Novice_Me
Oct 2, 2023 7:59 AM

CESC Ltd on Weekly Timeframe Long

CESCNSE

Description

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.
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