Nesco @ 555 - Weekly Chart
1 .Earlier uptrend from 400 to 800 odd levels got interrupted due to fear of pandemic. Sharp reversals are generally expected when stock is in parabolic uptrend - I mean Covid was just some excuse to book profits from this one year one bagger stock.
2. As shown by the signpost, people who bought in that super long bullish candle are...
Piramal Enterprises @ 1480 - Weekly Chart
1. In mid 2018, it touched all time high of 3000 odd levels and since then stock is getting sold at every rally - see the parabolic downward trend curve alongwith the highlighted price levels. Sheer selling.
2. In last four-six months, it has kind of formed some uptrend but getting stuck at resistence - see the red...
