Naresh_NM

Will GICRE break the ~5 yr bearish trendline and go long?

NSE:GICRE   GENERAL INSURANCE
In weekly timeframe (mostly month/day), GICRE framing the bearish trendline from 2018 - it's acting as resistance and got rejected at least 4 times.

Now, it's in triangle pattern with support line (all time low support line) with bearish resistance trendline

It can see resistance around 137-143 and if it sustain above then it can go long. Next 4-6 weeks will be key for this stock.

Note: This is only for educational purpose and not for recommendations at all.
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