not a good time to invest now i must say..... not only the company but timing is also important..... the share is moving in sidelines.... the overall market trend is bearish.... should wait for a breakout to decide...
As per the technical anaylsis There is island reversal pattern at nifty. if nifty future not cross 5060 level in next 2 to 3 days there is strong possibility of sharp fall till4500.
very ryt.... i have been also thinking the same all along... but if you see closely.... on the right shoulder above the neck region, there should have been a substantial decrease in volume... but thats not the case... the volumes are low but only a bit.... this may be a false breakout... watchout.... keep strict SL if you are shorting this thing