After a long break of almost one year its my first post.Its not a buy recommendation its my reading of chart & it may prove to be right or wrong. I am not an registered analyst but reading charts is my passion. I am using trendlines, fibonacci levels and some technical indicators to predict future movement of some stocks, If you want to trade/invest on the basis of my views, first do your own analysis as newsflow & fundamentals of a company can change entire scenario of analysis done.
REC: Stock has corrected almost almost 60-70% in last 1-2 year but now showing some base formation near 150. Above 175 stock can show good momentum & can test 220-40 range in coming weeks.
