it's looks like darvas box.
price tried breakdown, but it came back in pattern again. we will wait for the right time.
it was expected, coz price was at demand area.
wait for the breakout. last from 6 quarters FII/FPI increasing their share holding.
we can also trade nr to these 2 lines. we will get good risk/reward.
last from 6 quarters, promoters are selling their stake, and from 6 quarters public continuously increasing their stake. this stock is good for trading, for investing i have a doubt.
lots of people say, this stock is not for intraday, i don't believe i have made many many times money in this stock in intraday!
i have worked with this company as sales man few years ago, one the finest company in india. i have already invested in this company.
promoter holding 34.63 fii/fpi holidng 34.27