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MEGH Analysis 11 March 2021

237
Meghmani Organics Ltd.
Six Months of Consolidation
Volume Expansion
Breakout Clearly Above with Range Expansion.

RSI good levels.
Good Bounce from MA

Nota
Weekly TF View

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CRS
BO

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Performing as expected
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Pullback Support now Monday will the D day.
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Monday it did bounce and now correcting back lets c
Broader markets are bearish and stock is under pressure due same.

Good news is RED candles on low volumes
Dagangan aktif
Moving as expected

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CRS Update

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Now awaiting Value Unlocking after the Demerger stock is suspended for 2 months so 1 month to go.

Penafian

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