QUESS Corp
CMP 363
Chart seems to have damaged completely indicating that some structural issues are there in the business.
C > A – this happens in those charts where business -fundamantals have changed for longer period of time and lot of headwinds are there.
If we were looking at this company, we would avoid it till it does not give any clear indications of basig out, volume purchase as well as breaking some key MAs on upside.
Level of 344 is the last hope.Otherwise the plunge may be deeper.
Monthly 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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