This looks like it decided not to fold after losing its double bottom and falling further to 55 paisa .
so its already given almost 500% return to whoever hopped on in March :)
However the MACD cross and volume increase looks like we have reversed , golden cross is about to form clear 5.75 where we have the 200 day as resistance on the daily .
10.75 target by May 2021 may happen sooner if the circuits are revised.
Was looking at what the company does and it actually helps out a lot of industries with their molds.
Should face some sort of pull back at 2.65 however getting onto stocks like this is irritating due to the liquidity and circuits so maybe market buy and forget or sell when the market is green and you have made a decent profit.
so its already given almost 500% return to whoever hopped on in March :)
However the MACD cross and volume increase looks like we have reversed , golden cross is about to form clear 5.75 where we have the 200 day as resistance on the daily .
10.75 target by May 2021 may happen sooner if the circuits are revised.
Was looking at what the company does and it actually helps out a lot of industries with their molds.
Should face some sort of pull back at 2.65 however getting onto stocks like this is irritating due to the liquidity and circuits so maybe market buy and forget or sell when the market is green and you have made a decent profit.