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ANSAL PROP – TECHNICAL CHART STUDY

ANSALPROP_1

buy ANSAL PROP above 34.25 sl 30 target 38-42-45

technical chart study

as per chart development we can see that recently stock is able to create a support point on chart now.

whereas it has made the “MORNING STAR” candlestick pattern on chart.

and if price action start above our mention level then there is a scope for rsi also to move into overbought zone again.

another thing we notice is there is a development of “FLAG PATTERN” on chart, so this can even indicate us that momentum in stock will resume in coming days.

also observe rsi and price movement we can see that price is in hurry to move now.

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