NEW AGE COMPANIES OF INDIA
In US , all new age companies have been beaten from left ,right and centre .
Let’s see where Indian new age companies stand as of now ?
PB FIntech -Poilcy Bazzar
CMP 426
ATH 1486
It seems to be in blue-water zone ( no support on left )
If it carries on like this in a falling channel, lower channel support comes near 350.
Weekly Chart
NYKA
CMP 1160
ATH -2573
Weekly Chart
It is on the edge of a bottoms-trend line. If it does not stop here, we can see it going below IPO prices.
Cartrade
CMP 583
ATH 1618
Well it seems to have 2 support levels in coming days -537 and 456
Hope it does not go there and even if it goes, let’s pray that it stops there.
Weekly Chart
Disclaimer :This post is just a for learning few methods of price-patetrns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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