Hi! Raunak,
Let me tell you at very first place that I m not doubting your analysis or strategy.... Just want to understand (my way of improving my knowledge and skills is to discuss) on what analysis you feel United Phosphorus is good buy???
I cud find trendline support and 50 MA near 175... was that ur points of analysis?
I hope you are not offended with this... I apologize if you are offended...
~ Apurv
Let me tell you at very first place that I m not doubting your analysis or strategy.... Just want to understand (my way of improving my knowledge and skills is to discuss) on what analysis you feel United Phosphorus is good buy???
I cud find trendline support and 50 MA near 175... was that ur points of analysis?
I hope you are not offended with this... I apologize if you are offended...
~ Apurv
It is based on pure price structure. Forming higher highs and higher lows. 170-180 is a good support level as there are 3 peaks there. Stock is still positive. It should start doing well.
Tc