Stock showing very good strength. Blooming out of its base with volume support.
4 week consolidation, ~13% range and breakout making massive ~24% in a week.
Now we wait for small pullback and check for more strength. 332-348 previous resistance shall now act as support. Above small resistance stands at 392-411 levels thereafter the ATH zone 437-452. Price sailing above its key moving averages.
View invalidates if it gives weekly close below 332 with good volumes.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your due diligence and trade at your own risk.
4 week consolidation, ~13% range and breakout making massive ~24% in a week.
Now we wait for small pullback and check for more strength. 332-348 previous resistance shall now act as support. Above small resistance stands at 392-411 levels thereafter the ATH zone 437-452. Price sailing above its key moving averages.
View invalidates if it gives weekly close below 332 with good volumes.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your due diligence and trade at your own risk.