Vipuljain5

Excel Industries in Excellence

NSE:EXCELINDUS   EXCEL INDUSTRIES
This is a weekly chart of the Excel Industries from the Chemical Sector wherein after making a low of 375 in March 2020, it has made an unprecedented rally from the lows up till 1014 level in August and from there on till the Mid of the May it has consolidated in this range of 200 points from 820-1015 range. When there is a breakout the levels are broken with a heavy volume. I have drawn the box showing the consolidation phase on a Weekly Timeframe.

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