I have drawn support and resistance lines. it may be following the trend lines. May not be as well... need more time to see if the trend lines are being supported by the stock. As of now, volumes are missing and stock has held its price. Earnings on 28th August. Stock likely to remain range bound. May mint some money. Also since nifty has made ATH, holding on to a pharma stock not bad idea.
Trade aktif
26 July 2024. The chart is strictly following the supports and resistance levels. Expecting massive jump by Aug 28. Sit tight.Trading ditutup: target tercapai
If someone following this, stock gave breakout after it crossed the resistance i mentioned in diagram. However another interesting thing is the light blue line... highs of stock still respecting that. i am no longer following this view. Hope people benefitted. thanks
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.