Nothing to say... Chart is explaining everything....
Comments
pruthvi_pani
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Sir, do you feel still it will follow the trend, is it a buy at cmp??
merushi22
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@pruthvi_pani, stock was in trend pruthvi, right now stock is range bound and again and again hitting that support area. Price is trading below 200 SDMA and 50 SDMA which seems very break. It may go up from here but dont find it a prominent buy. Stock may go up if it breaks upper level of range means above 260.
This is my personal view take position according to your risk capacity.
Rushikesh
Happy Trading
pruthvi_pani
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Thank you sir,
Your view on Patel engineering also pls.
It in in upward trend and has broken ascending triangle on the upward side.
Thanks again