The stock has bottomed out and is now near to the previous high level. if it is broken we can see a good up movement. Since FMCG sector is been in a bearish mode for past 2 trading days, trade may take more time. Also a cup shaped pattern can also be observed.
SL can be placed according to personal risk apatite.
NB: This is not a stock recommendation, just sharing my views only
SL can be placed according to personal risk apatite.
NB: This is not a stock recommendation, just sharing my views only
ノート
broken and moving up.NOTE: There is a Inverted Head and Shoulders pattern formed in weekly chart, so i am expecting a good movement in the stock, but it will take time.
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免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.