Price Action : Stock recovered from Rs.50... side way for long time ( consolidation zone )
After that STOCK recovered (Breakout), CMP 119 with huge volume. ( CEO announced resume operation and experiencing huge demand after opening up ) in front of amid COVID 19.
CORONA disturbed world financial market.
We may see downside upto 110 as it is crucial immediate support as per EMA AND Fibonacci.
As it is a good stock with good management we can add on every dip fall... I am not recommending the stock do your own study.
Look at the chart shared above...
To buy wait for MACD for confirmation / crossover
After that STOCK recovered (Breakout), CMP 119 with huge volume. ( CEO announced resume operation and experiencing huge demand after opening up ) in front of amid COVID 19.
CORONA disturbed world financial market.
We may see downside upto 110 as it is crucial immediate support as per EMA AND Fibonacci.
As it is a good stock with good management we can add on every dip fall... I am not recommending the stock do your own study.
Look at the chart shared above...
To buy wait for MACD for confirmation / crossover