buy ASHAPURAMINES above 63.50 sl 58 target 70-75
technical study
as we can see that stock was moving into falling channel, (lower high and lower low formation) able to move above the resistance level {moved above recent high which can indication of channel breakout}.
we can also spot “SYMMETRIC TRIANGLE” development on chart in bigger time range.
at current stage, even rsi able to move above its resistance level now, and still its having a scope for movement into overbought zone .
if we see clearly then we can spot that, there is a development of “BULLISH NEGATIVE DIVERGENCE” on chart but it can be confirm only above given level.
so if price able to close above mention level then we can see good moves in given stock.