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NECTARLIFE – TECHNICAL CHART STUDY

NECTARLIFE_1

buy NECTAR above 34 closing basis, sl 24 target 55-85-120

technical chart study

as per chart we can see that recently price able to move above its long term resistance level and inbetween it has done consolidation for almost, 3 years.

its also moving above its 3 years high level now.

even it has form a pattern of rising high and lows now.

and recently it has given a breakout with FLAG pattern on chart. it can also indicate a good move and its also a indication of trend change.

now even price taking support and also rsi taking support with still scoping for up move.

so one can enter above mention level if close this level then hold this stock.

 

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