Paper sector is booming due to adversarial move in crude price and long term negative impact of plastic on environment. this was the economical and sentimental change in though of investors, which has caused the price to move in tandem and stronger than nifty. However tenkan kijun and cloud B have become flat and price could be attracted towards it.
Also two weeks back was a perfect reversal candle seen however one and half week move from there on has been mild convincing that it was not a bearish reversal.
Also two weeks back was a perfect reversal candle seen however one and half week move from there on has been mild convincing that it was not a bearish reversal.
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