Crap fundamentals are not supporting the recent upside momentum.
The upside price action looks like corrective rise to me.
I am expecting a lower low by the end of this year, most likely Rs. 25 level.
Some so called experts in YouTube are recommending to buy this stock stating turnaround potential.
That's the reason I am posting here to make you aware of this massive bull trap.
Do your own due diligence before taking any action.
Peace!!
The upside price action looks like corrective rise to me.
I am expecting a lower low by the end of this year, most likely Rs. 25 level.
Some so called experts in YouTube are recommending to buy this stock stating turnaround potential.
That's the reason I am posting here to make you aware of this massive bull trap.
Do your own due diligence before taking any action.
Peace!!
Trade closed: stop reached
Wave Count got invalidated, will post the updated chart after few days.
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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.