When a company's share price is near weekly or monthly, resistance or support eventually ends some good or bad things happen in the company. But as a Trader, we must take risks and be alert when the price goes below our risk.
Right now Venky's India is at nearby weekly strong support. Technical indicators give the signals.
1. Fin level 0.618
2. RSI negative Divergernce
3. Strong weekly support
4. Price at the last stage of descending chart pattern
Right now Venky's India is at nearby weekly strong support. Technical indicators give the signals.
1. Fin level 0.618
2. RSI negative Divergernce
3. Strong weekly support
4. Price at the last stage of descending chart pattern