Hello 👋
It's a packaging industry stock.
* Stock is in uptrend
* Multiple technical confirmations..
* 2 Cup & Handle marked on chart
* Also it's inverse H & S pattern.
* Strong volumes since few weeks as FIIs increased their holdings
* Price steadly going towards upper channel. Trend line also broken and retest.
* If price sustain above 207, can go towards next pivots as 238 & 247..and support is at 175 - 148 range
* Stock already moved 10% yesterday..
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you.
It's a packaging industry stock.
* Stock is in uptrend
* Multiple technical confirmations..
* 2 Cup & Handle marked on chart
* Also it's inverse H & S pattern.
* Strong volumes since few weeks as FIIs increased their holdings
* Price steadly going towards upper channel. Trend line also broken and retest.
* If price sustain above 207, can go towards next pivots as 238 & 247..and support is at 175 - 148 range
* Stock already moved 10% yesterday..
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you.
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