Carysil
CMP 531
We had covered it when it was above 700 in June 22.
What Now ?
THIS IS REALLY TRICKY ONE.
Need more time to be sure of the likely path .
If it breaks and closes above the falling trend line (yellow-line) for few weeks, we might consider that the correction is over and it can re-start its upward journey.
But if it does not, then we’re going towards Z (at least)
Weekly Chart
Disclaimer : This post is just a for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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