PLR
The stock has formed a ascending triangle pattern. If the stock breaks out above the resistance range of 7.70 to 7.90, it could potentially reach the 9.10 level. However, if there is strong resistance, the stock may attempt to find support at the pattern's bottom around 7 levels.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Note
02-03-2023Today, there is a possibility of bulls attempting to break above the resistance level of 7.90. If a breakout occurs with significant trading volume, it may indicate an uptrend rally towards the 9.10 level. To manage risks, a stop-loss can be set below the new higher low of 7.30 or the pattern top at 7.70
Note
"The stock has broken through the 7.90 level and trendline on the Relative Strength Index (RSI), indicating strong buying pressure needed to reach 9.10 levels.Note
With the breakout of Rs. 7.90 level the Stop-Loss can now be put just below the triangle pattern high of Rs 7.70.Note
07/03/2023The stock is retesting pattern high at Rs. 7.70 level for support.
Disclaimer
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.
Disclaimer
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.