Sail
CMP 85
Would kindly request you to study and learn about stage analysis . It has been mentioned in many earlier posots. That would help you to do basic analysis at your end.
As per the stage-anlysis method, we are not getting much confidence on this script.
Till the time it does not closes above 40 Weeks Moving Average (green curve) for 2-3 weeks, we would stay away from this stock .
Weekly Chart
Disclaimer :This post is just for learning few methods of price-patterns. 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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